MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  February 09, 2017 (REPORT 6)                       

DRY WHOLE MILK - NATIONAL                                        
                                                                 
National dry whole milk f.o.b. spot prices are steady to higher 
in line with international values for WMP. Spot trading activity 
is light. Demands from the bakery and confectionary markets are 
improving ahead of the upcoming spring baking season. Production 
is active as there is enough milk to process and the interest for 
butterfat is weaker. Inventories are mostly in balance with 
buyers/end users' needs. The January 2017 Dairy Market News 
monthly average for the National price series for dry whole milk 
is $1.5195 compared to $1.2555 a year ago. The NASS Dairy 
Products report noted U.S. dry whole milk production during 
December 2016 totaled 9.7 million pounds, 32.2 percent higher 
than a month ago, but unchanged from one year ago. Total U.S. dry 
whole milk month-ending stocks for December were 12.5 million 
pounds, 9.7 percent above last year. 

F.O.B. PRODUCING PLANT:         1.4000 - 1.6000                  

                 


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