MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 36 - Released on September 07, 2023

     In the West, the price range for low/medium nonfat dry milk (NDM) contracted and the mostly
     price series moved higher. Domestic demand is moderate. Loads are available to meet current
     demand of spot market purchasers. Export demand is light. Stakeholders relay international
     purchasers are buying for immediate needs only more so than domestic purchasers. With
     seasonal week to week decreases in milk output, low/medium heat NDM production is
     decreasing. High heat NDM prices moved lower. Some manufacturers anticipate no high heat NDM
     production will be scheduled during this month, but those running high heat NDM production
     note schedules as steady. Demand for high heat NDM is moderate.

     The August 2023 Dairy Market News monthly average for the West low/medium heat nonfat dry
     milk (NDM) mostly series is $1.1011, compared to $1.1113 a month ago. The average for
     Western high heat NDM is $1.2863, compared to $1.2746 a month ago.





     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:                 1.0400 - 1.1400
     Mostly Range - Low & Medium Heat; $/LB:                1.0500 - 1.1200


     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:                         1.1800 - 1.3800


     Information for the period September 4 - 8, 2023, issued weekly

     Secondary Sourced Information:

     The CME Group monthly average price for Grade A nonfat dry milk during August was $1.1075,
     compared to $1.1164 a month ago.
     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