MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  July 07, 2016 (REPORT 27)                          

DRY WHOLE MILK - NATIONAL                                        
                                                                                                                                  
National dry whole milk prices are higher on light trading. The 
market undertone is mixed throughout the country. Some processors 
are negotiating contracts for Q3. Production is decreasing as 
most processors are focusing on NDM and SMP production. 
Inventories are trending lower. In addition, some manufacturers 
are switching from whole milk production to skim milk powder 
manufacturing. 

The June 2016 Dairy Market News monthly average for the National 
price series for dry whole milk is $1.2657 compared to $1.2336 a 
year ago. 

The NASS Dairy Products report noted U.S. dry whole milk 
production during May 2016 totaled 8.6 million pounds, 32.3 
percent lower than a year ago. Total U.S. dry whole milk month-
ending stocks for May were 15.4 million pounds, 44.5 percent 
below last year.
 
F.O.B. PRODUCING PLANT:         1.2400 - 1.3900                  
                                                                                                                                  
                 
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: 
http://www.marketnews.usda.gov/mnp/da-home