MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  February 04, 2016 (REPORT 5)                       


DRY WHOLE MILK - NATIONAL                                        

Dry whole milk prices are higher as some spot sales pushed up 
the bottom and top of the range. Compared to the previous week, 
spot sales have been more active. However, most of sales are 
dictated by contractual needs. Production is sporadic. 
Interest is slightly increasing as the spring holiday baking 
season approaches. Inventories vary from plant to plant.
This week, a cooperative export assistance program accepted 
requests for 88,185 pounds of dry whole milk. The January 2016 
Dairy Market News monthly average for the National price series 
for dry whole milk is $1.2555 compared to $1.4515 a year ago. 
DAIRY PRODUCTS:  According to NASS, U.S. production of dry whole 
milk during December 2015 totaled 9.7 million pounds, 35.9% 
higher than a year ago and 60.8% above the previous month.


F.O.B. PRODUCING PLANT:         1.1400 - 1.5500                  

              

1100CT Angel.Teran@ams.usda.gov (608) 557-7011
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-
news/dairy
Dairy Market News database portal: 
www.marketnews.usda.gov/portal/da