MD_DA650 Nonfat Dry Milk - Eastern and Central U.S. Report 32 - Released on August 06, 2020 CENTRAL: Low/medium heat nonfat dry milk (NDM) prices slipped on the mostly series and the top of the price range. Condensed skim is, and has been, more available in recent weeks/months. End users say offers of NDM have increased. Some buyers are opting for whey protein concentrate 34%, which has become more available at below $.80 regionally and nationwide. Contacts suggest Mexican buyers are stepping back, as well. High heat NDM prices slipped, after a big gain on the top end last week. Some contacts expect the higher prices on high heat NDM to begin to mirror low/medium heat NDM. In general, NDM markets are mostly bearish. EAST: Low/medium heat nonfat dry milk (NDM) prices are steady on the bottom of the price range, however prices are lower on the top of the range and both sides of the mostly series. It is the start to August and Hurricane Isaias swept into parts of the East and disrupted transportation routes and caused power outages. Some traders� storage outlets were shut down due to the hurricane. Now, there are fewer reports of transportation and power outage issues. NDM spot trading activities are lighter, but with lower prices some buyers potentially will purchase on the spot market. Class I operations are receiving most available milk loads right now. Low/medium heat NDM production schedules are lower, as milk is moving to other parts of the region(s). There are reports inventory levels are lighter and some manufacturers are not able to offer any additional loads. High heat nonfat dry milk prices are down compared to last week. A few operations are scheduling drying time for spot/contract requests. Inventories are fairly tight outside of committed orders. The DMN monthly average price of the range series for the Central and East low/medium heat NDM during July 2020 was $1.0203, compared to $1.0094 the previous month. The July 2020 monthly average price of the range series for Central and East high heat NDM was $1.1509 compared to $1.1207 the previous month. 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: .9500 - 1.0200 Mostly Range - Low & Medium Heat; $/LB: .9800 - 1.0000 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: 1.0500 - 1.2100 Information for the period August 3 - 7, 2020, issued weekly Secondary Sourced Information: The CME Group monthly average price for Grade A NDM during July was $1.0038, compared to $1.0092 in June. Dairy Products Report � Nonfat Dry Milk, Human Summary Released August 4, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Nonfat Dry Milk, Human Production � States and United States: June 2019 and 2020 Monthly Production (1000 pound Percent Change from June May June June May Region 2019 2020 2020 2019 2020 United States 157,948 158,591 146,689 -7.1 -7.5 Atlantic 34,879 31,373 29,514 -15.4 -5.9 Pennsylvania 16,344 16,434 13,996 -14.4 -14.8 Central 33,458 34,077 37,545 12.2 10.2 West 89,611 93,141 79,630 -11.1 -14.5 California 44,623 57,791 48,147 7.9 -16.7 Other States 1/ 96,981 84,366 84,546 -12.8 0.2 1/ States not shown when fewer than 3 plants reported, or individual plant operations could be disclosed. Nonfat Dry Milk, Human Production � Cumulative Production: January - June Cumulative Production Percent Change (1000 pounds) from Report Month 2019 2020 2019 June 991,898 1,008,215 1.6 Manufacturers' stocks end-of-month 3/ End of month stocks (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Nonfat dry milk, human 291,181 345,716 289,048 -0.7 -16.4 3/ Stocks held by manufacturers at all points and in transit. Manufacturers' shipments 4/ End of month stocks (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Nonfat dry milk, human 141,846 204,717 198,197 39.7 -3.2 4/ For dry products, shipments of bulk goods. 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