MD_DA650

     Nonfat Dry Milk - Eastern and Central U.S.

     Report 48 - Released on November 24, 2020

     CENTRAL: Low/medium heat nonfat dry milk (NDM) prices shifted lower on the bottom of the
     range and slightly lower on the mostly series this week. Nonfat dry milk trading was
     somewhat active early in the holiday week, as sellers and buyers prepare for limited office
     hours the next few days. Market tones are somewhat mixed. Some contacts suggest more nonfat
     is available, but producers are maintaining similar asking prices for the most part.
     Production has been mostly active, and condensed skim is widely available moving into the
     holiday season. High heat NDM prices are unchanged on the short week.
     EAST: Low/medium heat nonfat dry milk (NDM prices are mixed on slower spot trading this
     holiday week. Buyers� demands are mixed. Some are purchasing weekly loads, while others are
     not purchasing on the spot market. Low/medium heat NDM production schedules are steady to
     higher. There are some operations closed for the holiday. NDM market conditions are steady.
     High heat NDM prices are unchanged. Scheduled drying time is on the lighter side. Market
     participants note a good balance between current supply/demand.
     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:                 1.0300 - 1.1100
     Mostly Range - Low & Medium Heat; $/LB:                1.0550 - 1.1000


     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:                         1.1500 - 1.2500


     Information for the period November 23 - 27, 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