MD_DA710

     Dry Whole Milk - U.S.

     Report 13 - Released on March 26, 2020

     F.O.B. prices for national dry whole milk are up this week, despite the pressure generated
     by COVID-19 in the milk powder markets. Fewer volumes of milk are being balanced into dryers
     mainly due to the high demand for Class I. In this way, the production of milk powder has
     been limited to cover contracts with a few spot sales pushing higher the bottom and top of
     the range. The market remains in unsettled territory as this market is very volatile and
     price behavior could change very soon, particularly during this time of crisis.
     Prices for: U.S., All First Sales, F.O.B., Conventional, and Edible Dry Whole Milk
     Price Range  - 26% Butterfat; $/LB:                    1.7000 - 1.9500


     Information for the period March 23 - 27, 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