MD_DA710

     Dry Whole Milk - U.S.

     Report 7 - Released on February 14, 2019

     National free on board spot prices for dry whole milk are steady and well above the WMP
     international values. In some cases, the current cash pricing for national whole milk powder
     is limiting competitiveness of some manufacturers/brokers when exporting to overseas
     markets. Nevertheless, the domestic market seems to be in balance as in general, supply is
     even with demand in each region of the country. Spot trading activity is light to moderate
     throughout the nation as sales are mostly driven by contractual requirements. In the near
     term, drying schedules for condensed whole milk are expected to be more active as the spring
     flush approaches.
     Prices for: U.S., All First Sales, F.O.B., Conventional, and Edible Dry Whole Milk
     Price Range  - 26% Butterfat; $/LB:                    1.5500 - 1.6500


     Information for the period February 11 - 15, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@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