MD_DA640

     Nonfat Dry Milk - Western U.S.

     Report 38 - Released on September 21, 2023

     Both ends of the low/medium nonfat dry milk (NDM) price range and mostly price series moved
     higher in the West. Loads are available to accommodate spot market purchasers. Domestic
     demand is steady to moderate. Export demand is more mixed. Demand from Mexican purchasers is
     noted as steadily active from some stakeholders, while others note the demand as more
     inconsistent and quieter during Q3. Although a few areas have slightly looser milk supplies
     this week, low/medium heat NDM production is lower as seasonal milk output reductions are at
     hand. High heat NDM prices moved slightly higher on the bottom end of the range. Some
     manufacturers report light intermittent high heat NDM production schedules planed for the
     remainder of the year. That said, steadier production schedules are noted from other
     manufacturers. High heat NDM demand is steady to moderate.
     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:                 1.0500 - 1.1600
     Mostly Range - Low & Medium Heat; $/LB:                1.0700 - 1.1300


     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:                         1.1900 - 1.3700


     Information for the period September 18 - 22, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Andrew Mattheis, 608-422-8590
     Email: andrew.mattheis@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