MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  October 06, 2016 (REPORT 40)                       

DRY WHOLE MILK - NATIONAL                                        
                                                                
National dry whole milk f.o.b. spot prices are mixed on light 
trading. Some spot sales shifted down the top of the price range. 
Most sales are based on contractual needs. The market undertone 
is unsettled across the country. Production is steady to lower as 
some manufacturers are using the milk butterfat to process other 
dairy products instead of dry whole milk. Inventories are tight. 
The September 2016 Dairy Market News monthly average for the 
National price series for dry whole milk is $1.3498 compared to 
$1.2455 a year ago. The NASS Dairy Products report noted U.S. dry 
whole milk production during August 2016 totaled 7.7 million 
pounds, 13.9 percent higher than a year ago. Total U.S. dry whole 
milk month-ending stocks for August were 13.7 million pounds, 
30.2 percent below last year.

F.O.B. PRODUCING PLANT:         1.2900 - 1.4500                  



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