MD_DA650 Nonfat Dry Milk - Eastern and Central U.S. Report 44 - Released on October 29, 2020 CENTRAL: Low/medium heat nonfat dry milk (NDM) prices settled down after consecutive weeks of consistent increases. More trades are taking place at or around the $1.10 mark. Buyers say producers are less hesitant to offer loads at more agreeable prices. Domestic demand is somewhat quiet after weeks of busy trading. That said, export interests have some potential strength as U.S. prices remain below the global level. Condensed skim is available, but buyers are hesitant at current price points. High heat NDM trading was somewhat quiet in the Central region, as prices slipped on the top of the range. NDM market tones are quieting down. EAST: Low/medium heat nonfat dry milk (NDM) prices dipped lower on the range and mostly price series. Spot trading activities have slowed this week. Many buyers are not looking to purchase additional loads. Moreover, some market participants have adequate inventory levels for the near term. There are reports export interest is stable to slowing. Low/medium heat NDM production is slightly picking up. Eastern inventory levels are balanced to light. Some operations are not offering loads on the spot market. High heat NDM prices are steady to lower. Available drying time is short, and inventories are light. Buyers’ interests are slightly picking up. Although spot prices have shifted lower, market participants note high heat NDM markets are holding a stable tone. 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: 1.0700 - 1.1400 Mostly Range - Low & Medium Heat; $/LB: 1.0800 - 1.1200 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: 1.1300 - 1.2000 Information for the period October 26 - 30, 2020, issued weekly Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@usda.gov JESSICA MUELLER, 608-422-8589 Email: jessica.mueller@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