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NFDM prices approach 10-year highs despite record milk surplus

20-03-2026

Jasper Endlich

Non-fat dry milk prices rose a further 4.53% this week, leaving them just $0.055/lb below 10-year highs. The move comes against a backdrop of surging milk production across all major regions, creating a striking disconnect between raw material availability and powder market tightness. Powder markets tighten as production rotates away from NFDM The driver behind […]

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