MD_DA710

     Dry Whole Milk - U.S.

     Report 40 - Released on October 01, 2020

     This week, the national free on board spot prices for dry whole milk are mixed as a few
     trades pulled down the bottom price of the range, but the top remained unchanged. The
     trading activity in the cash market has been somewhat modest. This week, some industry
     participants are finalizing Q4 contracts negotiations. According to some processors, dry
     whole milk output is expected to improve during Q4 as condensed milk intakes are becoming
     more accessible for drying, sustained by higher farm milk intakes throughout the country.
     Dry whole milk inventories are reported as generally enough to meet any need in the spot
     market.
     Prices for: U.S., All First Sales, F.O.B., Conventional, and Edible Dry Whole Milk
     Price Range  - 26% Butterfat; $/LB:                    1.5800 - 1.7500


     Information for the period September 28 -  October 2, 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