MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  June 08, 2017 (REPORT 23)                          

DRY WHOLE MILK - NATIONAL                                        

In the United States, f.o.b. spot prices for dry whole milk are 
steady to higher, following recent WMP upward trends on prices at 
some offshore auctions. The production of dried whole milk has 
been limited in some processing plants as the availability of 
cream is seasonally decreasing. As a result, inventories in the 
spot market are slightly declining. The market is expected to 
continue strengthen as the summer season approaches.

The NASS Dairy Products report noted U.S. dry whole milk 
production during April 2017 totaled 7.1 million pounds, down 
22.1 percent from one year ago, and 36.9 percent lower than the 
previous month. Total U.S. dry whole milk month ending stocks for 
April were 22.1 million pounds, 59.4 percent above last year.  

At the GDT Event 189 on June 6, whole milk powder (WMP) prices 
across all contract periods averaged $1.4257 per pound, down 2.9% 
from the last event.


F.O.B. PRODUCING PLANT:         1.2800 - 1.5500                  
                               


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