MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 47 - Released on November 22, 2022

     The West price range for low/medium heat nonfat dry milk (NDM) tightened this week. The
     mostly price series for low/medium heat NDM shifted higher on both ends. Domestic demand for
     low/medium heat NDM is steady, and stakeholders note international sales are unchanged this
     week. Loads of low/medium heat NDM are available for spot purchasing. Drying operations are
     running steady production schedules, as milk remains available. Some plant managers say they
     are operating below capacity due to labor shortages and delayed deliveries of production
     supplies. High heat NDM production remains limited, and spot inventories are tight.
     Stakeholders say demand for high heat NDM is strong. The price range for high heat NDM moved
     higher at the bottom of the range, though the top was unchanged.
     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:                 1.3800 - 1.5700
     Mostly Range - Low & Medium Heat; $/LB:                1.4400 - 1.5200


     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:                         1.5300 - 1.6575


     Information for the period November 21 - 25, 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