MD_DA710

     Dry Whole Milk - U.S.

     Report 8 - Released on February 20, 2020


     This week, national dry whole milk spot prices are steady to higher and well above WMP
     international values, limiting competitiveness of some possessors/brokers when exporting.
     Nevertheless, most manufacturers are focusing on selling within the country as the domestic
     market seems to be in balance with an even supply/demand ratio. Demands from bakers and
     confectioners are expected to improve ahead of the spring holidays baking needs. Dry whole
     milk production is stable with expectations to improve 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:                    1.7500 - 1.9000


     Information for the period February 17 - 21, 2020, issued weekly

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