MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 7 - Released on February 16, 2023

     The price range for low/medium heat nonfat dry milk (NDM) moved higher at the bottom of the
     range, while the top slid a half cent lower, in the West. Both ends of the mostly price
     series moved upward this week. Some stakeholders suggest higher prices for skim milk powder
     (SMP) offered in international markets have contributed to higher prices for domestically
     produced loads. As prices for SMP have pushed higher, contacts say some international
     purchasers have increased their orders of NDM. Domestic demand for low/medium heat NDM is
     unchanged. Spot loads of low/medium heat NDM are available for purchasing. Low/medium heat
     NDM production is strong, as milk remains available throughout the region. High heat NDM
     production remains limited. Demand for high heat NDM is steady, and spot purchasers say
     inventories are tight. The price range for high heat NDM contracted this week, as the bottom
     moved higher, and the top slid lower.
     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:                 1.1950 - 1.3750
     Mostly Range - Low & Medium Heat; $/LB:                1.2300 - 1.3000


     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:                         1.3450 - 1.4875


     Information for the period February 13 - 17, 2023, 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