MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 15 - Released on April 14, 2022

     Export demand for low/medium heat nonfat dry milk (NDM) is, reportedly, lackluster. Contacts
     report that purchasers in Mexico remain hesitant to buy at current market prices. Meanwhile,
     domestic demand is steady to higher, as some ice cream makers are ramping up production and
     purchasing additional loads of low/medium heat NDM. Both ends of the price range and the top
     of the mostly price series moved lower this week. Contacts report that international prices
     for skim milk powder are strong, and some say that this could contribute to higher NDM
     prices in the coming weeks. Low/medium heat NDM spot inventories are becoming move available
     in the region. Drying operations are running busy schedules, to work through available
     supplies of milk. Low/medium heat NDM production is steady. The price range for high heat
     NDM held steady at the bottom, while the top moved lower. Demand for high heat NDM is
     steady, and spot inventories are tight. Production of high heat NDM is limited as plant
     managers are focusing on the production of low/medium heat NDM.
     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:                 1.7800 - 1.8900
     Mostly Range - Low & Medium Heat; $/LB:                1.8100 - 1.8500


     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:                         1.9550 - 2.0400


     Information for the period April 11 - 15, 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