USDA NE & SE Nonfat Dry Milk 05/15 12:10
05/15/2025 | 12:10 pm CDT USDA NE & SE Nonfat Dry Milk 05/15 12:10
AMS_1049 MARS Nonfat Dry Milk - East and Central U.S. Released on May 15, 2025 In the Central region, low/medium heat nonfat dry milk (NDM) prices held steady at the top of the range, while the bottom and both ends of the mostly price series moved higher. On the CME, spot prices for Grade A NDM reached $1.20 last Tuesday and have remained there since. Contacts say demand for low/medium heat NDM is steady in domestic markets, but interest from purchasers in Mexico is picking up. Spot availability varies somewhat as some manufacturers say they have plenty available due to recent strong production, but others say busy sales have drawn down on their inventories. Low/medium heat NDM production is strong as condensed skim milk is plentiful in the Central region. High heat NDM production is limited, as plant managers are focused on the shorter drying time of low/medium heat NDM. High heat NDM inventories are tight due to light production. Demand for high heat NDM is steady. Prices for: Central/East US, All First Sales, F.O.B., Extra & Grade A, Edible Nonfat Dry Milk Price Range - High Heat; Dollars per Pound: 1.24 - 1.35 Prices for: Central/East US, All First Sales, F.O.B., Extra & Grade A, Edible Nonfat Dry Milk Price Range - Low & Medium Heat; Dollars per Pound: 1.17 - 1.25 Mostly Range - Low & Medium Heat; Dollars per Pound: 1.2 - 1.23 Information for the period May 12 - 16, 2025, issued weekly Secondary Sourced Information: N/A [0600059B]