MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  November 10, 2016 (REPORT 45)                      

DRY WHOLE MILK - NATIONAL                                        
                                                                 
National dry whole milk f.o.b. spot prices are steady on light 
trading. The domestic market undertone is mixed throughout the 
country. The prices of whole milk powder are firming 
internationally, mainly due to the high demand from China. 
However, prices in the United States have not been affected, yet. 
The current competitive domestic pricing could represent an 
export opportunity. Production is irregular, mostly based on 
contractual requirements. Inventories vary from plant to plant. 
The October 2016 Dairy Market News monthly average for the 
National price series for dry whole milk is $1.3365 compared to 
$1.2867 a year ago. The NASS Dairy Products report noted U.S. dry 
whole milk production during September 2016 totaled 6.9 million 
pounds, 64.0 percent higher than a year ago. Total U.S. dry whole 
milk month-ending stocks for September were 13.5 million pounds, 
43.8 percent above last year.
                                                             
F.O.B. PRODUCING PLANT:         1.2000 - 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