MD_DA650

     Nonfat Dry Milk - Eastern and Central U.S.

     Report 16 - Released on April 19, 2018

     CENTRAL: Low/medium heat nonfat dry milk (NDM) prices in the Central are mostly steady,
     however the top of the range increased this week. Spot offer prices moved higher throughout
     the region as pricing indices increased. Moreover, many buyers and end users are somewhat
     uncertain why prices shot up as NDM supplies are available. Production is steady and strong.
     The current market conditions are steady to uncertain as prices have increased, despite
     available supplies around. High heat NDM prices are unchanged on a slow trading week.
     Current production schedules are based on time and need and inventories are limited. The
     market undertone for high heat NDM is steady.
     EAST: Prices for low/medium heat nonfat dry milk (NDM) in the East region are steady to
     higher as many manufacturers offered loads at increased prices. Many market participants are
     wondering why the sudden uptick in current pricing occurred. Overall, with pricing indices
     increased, traders and end users who purchase regular spot loads were willing to purchase
     higher priced loads this week. Milk volumes are fairly available for production needs.
     Inventories are around, however there are reports of some limited fresh supply in the East.
     The market undertone this week is steady to unsettled. High heat NDM prices are steady as
     spot sales were very quiet. Production, along with supplies, are unchanged compared to
     recent weeks. The market is fairly quiet as there are not many spot loads to purchase.
     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Extra Grade & Grade A,
     Conventional, and Edible Nonfat Dry Milk
     Price Range - Low & Medium Heat; $/LB:                 .6800 - .7850
     Mostly Range - Low & Medium Heat; $/LB:                .7000 - .7400


     Prices for: Eastern and Central U.S., All First Sales, F.O.B., Extra Grade & Grade A,
     Conventional, and Edible Nonfat Dry Milk
     Price Range - High Heat; $/LB:                         .8200 - .9800


     Information for the period April 16 - 20, 2018, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: Jessica.Mueller@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home