MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 20 - Released on May 18, 2023

     The top of the Western region low/medium heat nonfat dry milk (NDM) price range slipped by a
     penny, while the mostly contracted. Market tones have held relatively steady as other
     commodity markets continue to face bearish pressures. Mexican demand notes continue to vary.
     Traders say Mexican importers are active for one week, then quiet the next. Condensed skim
     availability is ample. Drying is busy, despite some plant downtime being reported. High heat
     NDM prices were lower on both sides of the range, but trading was somewhat slow.
     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:                 1.1000 - 1.2100
     Mostly Range - Low & Medium Heat; $/LB:                1.1400 - 1.2000


     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:                         1.2700 - 1.4025


     Information for the period May 15 - 19, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Andrew Mattheis, 608-422-8590
     Email: andrew.mattheis@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