MD_DA640 Nonfat Dry Milk - Western U.S. Report 21 - Released on May 21, 2020 In the West, low/medium heat nonfat dry milk prices are trending up on the range and on the mostly series. Although inventories seem tighter than in previous weeks, some contacts believe that this is because several key processors are postponing selling available supplies, giving a sense of shortage, as they hope that this will drive prices up. Meanwhile, many buyers who could not find enough spot loads directly from their traditional suppliers, had to fill their needs through other means. With the progressive reopening of many businesses, low/medium heat nonfat dry milk sales, both in the domestic and international markets, have picked up. Condensed skim processing is active and mostly steady compared to last week. High heat nonfat dry milk prices are increasing on both ends of the range. Inventories are tighter, whereas sales are unchanged. Production remains irregular. Overall, the market tone for nonfat dry milk is firming. 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: .8350 - .9825 Mostly Range - Low & Medium Heat; $/LB: .8900 - .9300 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: 1.0000 - 1.1500 Information for the period May 18 - 22, 2020, issued weekly Secondary Sourced Information: Grade A nonfat dry milk price at the CME Group on Wednesday closed at $0.9950, up from last week's average price of $0.8905. Published by: Dairy Market News - Madison, WI FLORENCE KONE-GONZALEZ, (608)422-8594 Email: florence.konegonzalez@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