MD_DA710 Dry Whole Milk - U.S. Report 12 - Released on March 19, 2020 The coronavirus effect is starting to take a toll on the national dry whole milk spot market as cash prices shifted down during the current week. Like other dairy ingredients, the uncertainty about COVID-19 is triggering much uncertainty across the entire milk powder market. Some buyers are holding spot purchases, waiting to see a clearer picture of the market. Most trades are driven by contractual requirements, thus, sales in the spot market have been generally lethargic throughout the week. Drying schedules for condensed whole milk are intermittent and mostly driven by contractual requirements, while inventories are steady to slightly building. Prices for: U.S., All First Sales, F.O.B., Conventional, and Edible Dry Whole Milk Price Range - 26% Butterfat; $/LB: 1.6000 - 1.8000 Information for the period March 16 - 20, 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