MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  March 09, 2017 (REPORT 10)                         

DRY WHOLE MILK - NATIONAL                                        
                                                                 
National dry whole milk f.o.b. prices are unchanged on light 
trading. At this point, national pricing is above international 
WMP values. In the U.S., dry whole milk drying schedules are 
steady. However, production is expected to increase throughout 
the spring flush season. Inventories are mixed in the spot 
market, but are sufficient to meet contractual needs. The 
February 2017 Dairy Market News monthly average for the National 
price series for dry whole milk is $1.4950 compared to $1.2812 a 
year ago. The NASS Dairy Products report noted U.S. dry whole 
milk production during January 2017 totaled 10.7 million pounds, 
10.3 percent higher than a month ago, and 7.2 percent higher from 
one year ago. Total U.S. dry whole milk month ending stocks for 
January were 16.5 million pounds, 26 percent above last year.  

F.O.B. PRODUCING PLANT:         1.4000 - 1.5500                  


1100CT Angel.Teran@ams.usda.gov 608.422.8593
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