MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 15 - Released on April 11, 2019

     F.O.B. prices for low/medium heat nonfat dry milk are mixed on the range and unchanged on
     the mostly price series. The market tone is generally unsettled. Global requests for
     low/medium heat NDM are quiet whereas domestic sales are steady. Production is active,
     boosted by strong milk yield in the West. Dryers are running at full or close to full
     schedules. Stocks of low/medium heat NDM are building up because demand is not keeping up
     with current output. The high heat nonfat dry milk market is mostly stable despite higher
     prices reported this week. Inventories are balanced to somewhat short, while demand is the
     same as last week. The processing of high heat NDM is limited due to restricted time
     available to processors.
     Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Nonfat Dry Milk
     Price Range - Low & Medium Heat; $/LB:                 .9225 - 1.0150
     Mostly Range - Low & Medium Heat; $/LB:                .9600 - .9800


     Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Nonfat Dry Milk
     Price Range - High Heat; $/LB:                         1.0500 - 1.1550


     Information for the period April 8 - 12, 2019, issued weekly

     Secondary Sourced Information:

     Grade A nonfat dry milk price at the CME Group on Wednesday closed at $.9875, up $.0105
     from last week's weekly average price.


     U.S. NDM Exports, H.S. Code 0402100000(FAS)
                      2019 Exports      % Change From
                      (Million Lb.)       1 Year Ago

     JANUARY Total         108.9             ---

     TOTAL, JAN             108.9            ---
      1 Mexico               62.1           + 38
      2 Philippines          15.0           + 39
      3 Indonesia             5.5           - 57
      4 Colombia              4.7           + 69
      5 Vietnam               3.8           - 46
     Published by:
     Dairy Market News - Madison, WI
     FLORENCE KONE-GONZALEZ, (608)422-8594
     Email: florence.konegonzalez@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/