MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 24 - Released on June 16, 2022

     The bottom of the low/medium heat nonfat dry milk (NDM) price range shifted up, while prices
     held steady at all other low, medium and high heat NDM facets. Trading activity was as busy,
     if not busier, than in previous weeks. Mexican trading is mixed, according to contacts. Some
     reports suggest they are remaining active, while others suggest a bit of a recent slowdown
     from Mexican importers. There is some interest from domestic customers in other regions, but
     hauling shortages continue to be reported from within the region, particularly finding
     drivers for longer hauls. NDM availability is regarded as balanced to tight, although more
     NDM is available in the Western states than in the Midwest and Eastern regions, where
     supplies are clearly tighter. Condensed skim availability is present, although there were a
     number of processing plants down this week due to employment and supply chain shortages,
     which plant managers simply say is their new normal. High heat NDM, as mentioned, did not
     experience a price change this week. High heat NDM trading is slow, based on the sheer
     limits on spot availability. NDM market tones have exhibited their durability these last few
     weeks.
     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:                 1.8250 - 1.9250
     Mostly Range - Low & Medium Heat; $/LB:                1.8300 - 1.8850


     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 - 2.0800


     Information for the period June 13 - 17, 2022, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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