MD_DA710                                                         
DA                                                               
MD DA710 Dry Whole Milk - National                               

MADISON, WI.  February 04, 2010 (REPORT 5)                       

DRY WHOLE MILK - NATIONAL                                        

Dry whole milk prices are lower and the market tone is weaker, although 
manufacturers' spot load offerings to the market are reportedly 
infrequent.  Due to some problems with transportation related to severe 
winter weather, a few plants reworked drying schedules to favor 
production of dry whole milk during the week as surplus-to-the-area 
milk loads became available.  The latest Oceania auction results show 
prices trending mostly lower in the near term.  New Zealand regular dry 
whole milk winning prices per pound for the various contract periods 
and percent in price changes from the previous auction are:  Contract 
1, $1.4401, -2.6%; Contract 2, $1.4877, +1.5%; Contract 3, $1.4696, -
6.9%.  New Zealand-based offered quantities of whole milk powder for 
the three contract periods were 9,000 MT, 8,000 MT and 4,000 MT, 
respectively.  The January 2010 Dairy Market News average of the range 
price series for dry whole milk was $1.4895 compared to $1.4800 one 
month ago and $1.1825 in January 2009.
DAIRY PRODUCTS:  NASS's Dairy Products report shows dry whole milk 
production during December 2009 totaled 5.0 million pounds, up 9.5% 
from November 2009 and 46.5% more than December 2008.  Cumulative 2009 
production totals 45.6 million pounds, a 9.0% decrease from 2008 
production.
                                                                 
F.O.B. PRODUCING PLANT:         1.3200 - 1.5200                  

1100CT  janet.linder@ams.usda.gov  608.250.3207