MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  June 01, 2017 (REPORT 22)                          

DRY WHOLE MILK - NATIONAL                                        
                                                                 
National dry whole milk f.o.b. spot prices held steady and remain 
below international WMP values. Although spot transactions were 
limited, there were a number of spot market offers well above the 
price range. Domestic buyers are only taking on spots when 
necessary, and if they find the right price. However, contacts 
suggest prices could firm in the near term, as milkfat demand 
increases globally. Dry whole milk production and inventories are 
light. Manufacturers are cautious about drying more whole milk 
than is currently contractually obligated. 
                
F.O.B. PRODUCING PLANT:         1.2800 - 1.4500                  
                               


1100CT Israel Weber Israel.weber@ams.usda.gov 608.422.8601
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