MD_DA710 DA MD DA710 Dry Whole Milk - National MADISON, WI. July 13, 2017 (REPORT 28) DRY WHOLE MILK - NATIONAL Nationwide, f.o.b. spot prices for dry whole milk are steady to higher on a firmer market. The high demand for cream is helping to boost dry whole milk values. Moderate spot export transactions are represented at the lower end of the range, while light spot sales in the domestic market are reflected at the top. Production is sporadic as most dryers are busy converting condensed skim volumes into NDM/SMP. Inventories for national whole milk powder are sufficient to cover contractual needs, but are less available in the spot market. The NASS Dairy Products report noted U.S. dry whole milk production during May 2017 totaled 7.4 million pounds, 13.2 percent lower from one year ago, but 4.5 percent higher than the previous month. Total U.S. dry whole milk month ending stocks for May were 22.1 million pounds, 43.9 percent above last year. F.O.B. PRODUCING PLANT: 1.3000 - 1.6000 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