MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  May 25, 2017 (REPORT 21)                           

DRY WHOLE MILK - NATIONAL                                        

National dry whole milk f.o.b. spot prices remain unchanged and 
below the international WMP values. These competitive prices 
could represent an opportunity for domestic processors/brokers to 
sell outside the country. For some industry contacts, dry whole 
milk prices are likely to increase in the coming weeks as 
butterfat values are strengthening. Production rates are stable, 
but are expected to decline in the short run. Inventories are 
mostly in balance. Demands from the bakery and confectionary 
sectors are fair. Exports are active mainly to Colombia, China, 
and Vietnam. 
                                                               
At the GDT Event 188 on May 16, whole milk powder (WMP) prices 
across all contract periods averaged $1.5023 per pound, up 1.3% 
from the last event.
                
F.O.B. PRODUCING PLANT:         1.2800 - 1.4500                  
                               


1100CT AJ Teran 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