USDA National Dry Whole Milk 04/23 13:45

AMS_1050 MARS

Dry Whole Milk - U.S.

Released on April 23, 2026

Dry whole milk (DWM) prices advanced across the range, supported in part by 
record high prices for nonfat dry milk (NDM). Most pricing is relatively steady 
at current levels, while values continue to trend above year ago levels. Supply 
is tightening somewhat, although availability still varies by brand and 
production period, and overall output remains limited. Spot loads were more 
accessible in recent weeks, but offerings have since thinned. Export interest 
remains minimal, as U.S. prices are not competitive with offerings from New 
Zealand or other global suppliers. Excess DWM supplies are limited, and 
manufacturers remain reluctant to produce DWM at prices comparable to NDM. 
Overall, the market tone remains firm.

Prices for: U.S., All First Sales, F.O.B., N/A, Edible Dry Whole Milk
Price Range - 26% Butterfat; Dollars per Pound: 2.3 - 2.73


Information for the period April 20 - 24, 2026, issued weekly

Secondary Sourced Information:

N/A

[0600059B]