MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 38 - Released on September 23, 2021

     In the West, the price range for low/medium heat nonfat dry milk (NDM) held steady at the
     top, while moving lower at the bottom. The mostly price shifted lower, falling by $0.01 at
     the bottom and by $0.005 at the top. Certain indexes used for pricing trended lower this
     week, putting downward pressure on NDM prices. Demand for low/medium heat NDM has held
     steady in domestic markets. Contacts report that some international purchasers have become
     hesitant to buy at current, higher, market prices. Inventories available for spot purchasing
     are tight. Milk availability is limited, as production has declined seasonally. Due to this,
     low/medium heat NDM production is slowing as some plant managers are, reportedly, unable to
     obtain enough supplies to run full schedules. The price range for high heat NDM has shifted
     lower at the bottom, while the top is unchanged. High heat inventories are tight on the spot
     market, but remain in balance with current, limited, market demands. Production of high heat
     NDM is limited; plant managers are focusing their drying time 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:                 1.2875 - 1.4075
     Mostly Range - Low & Medium Heat; $/LB:                1.3200 - 1.3500


     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:                         1.4275 - 1.5425


     Information for the period September 20 - 24, 2021, 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