Dry Whole Milk - National
USDA - Thu Feb 07, 10:38AM CST

     Dry Whole Milk - U.S.

     Report 6 - Released on February 07, 2019

     National dry whole milk f.o.b. spot prices are mixed on a narrower range as some sales
     pulled up the bottom of the range. National dry whole milk prices remain above WMP
     international values, limiting competitiveness of several processors when exporting and/or
     exploring new offshore markets. According to some buyers, nationwide, offers from
     manufacturers are quiet in the spot market as stocks are highly committed to Q1 contracts.
     Demands from bakers and chocolatiers remain strong as winter continues at its peak, and the
     spring baking season is close. In terms of production, drying schedules for condensed whole
     milk are limited. Therefore, dry whole milk manufacturing is sporadic and mostly driven by
     contracts. The January 2019 Dairy Market News monthly average for the National price series
     for dry whole milk is $1.5750.
     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 4 - 8, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     AJ Angel Teran, (608)422-8593
     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 (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home