MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 46 - Released on November 17, 2022

     In the West, all facets of the low/medium heat nonfat dry milk (NDM) price range and mostly
     price series moved higher this week. Domestic sales of low/medium heat NDM are active; some
     stakeholders say purchasers are buying additional loads in preparation for end of year
     holidays. International interest in low/medium heat NDM is steady. Spot loads of low/medium
     heat NDM are available for purchasing. Stakeholders say low/medium heat NDM production is
     steady, though some plant managers say they are operating reduced drying schedules due to
     labor shortages and delayed deliveries of production supplies. High heat NDM prices moved
     higher this week. Contacts report strong demand for high heat NDM, though production remains
     limited. High heat NDM inventories are tight, as demand continues to outpace production.
     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:                 1.3475 - 1.6075
     Mostly Range - Low & Medium Heat; $/LB:                1.4200 - 1.4950


     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:                         1.4875 - 1.6575


     Information for the period November 14 - 18, 2022, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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