MD_DA650

     Nonfat Dry Milk - Eastern and Central U.S.

     Report 37 - Released on September 12, 2019

     CENTRAL: Low/medium heat nonfat dry milk (NDM) prices shifted lower on the bottom of the
     range and bottom of the mostly price series. Production remains a focus from producers in
     the region and elsewhere, and supplies are available. Prices in the Midwest are still
     finding a comfortable range in the mid $1.00s to the $1.07 acme, however Eastern buyers are
     finding deals closer to $1.00 which is putting downward pressure on prices. Producers and
     brokers say demand is on the steady to slower end of the spectrum. Regarding markets, NDM is
     in a range-bound status. High heat NDM prices slipped on the bottom of the range, as well.
     Availability is a little higher, and buyers found some extra spots at discounts from last
     week. Spot trading of high heat NDM picked up slightly.
     EAST: Low/medium heat nonfat dry milk (NDM) spot prices are mixed on the range and mostly
     price series this week. Drying time is stable to lower, and manufacturers' stocks are
     reportedly balanced to available. The market tone is somewhat unsettled. High heat NDM
     prices are lower on the bottom of the price range this trading week. In general, high heat
     NDM production is intermittent and focused mainly on contractual needs. There are reports
     market conditions are expected to improve once baking season is near.
     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:                 1.0000 - 1.0700
     Mostly Range - Low & Medium Heat; $/LB:                1.0300 - 1.0600


     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:                         1.1200 - 1.2000


     Information for the period September 9 - 13, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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