MD_DA105 DA MD DA105 Whey - Europe MADISON, WI. July 23, 2015 (REPORT 29) WESTERN EUROPE INFORMATION GATHERED 07/13/2015 - 07/24/2015 U.S. DOLLARS PER METRIC TON, FOB PORT SWEET WHEY POWDER: Sweet whey powder prices continue a downward trend. Production has declined in recent weeks as cheese manufacturers have lowered production schedules. Demand for Q3 has declined as most buyers have adequate supplies for the near term. The competition on the global market has increased, which is contributing to the market's weak undertone. Exports of sweet dry whey for January-May 2015, as reported by GTIS, showed an increase of 1.3%, compared to the same period last year. May's export volumes were slightly lower compared to the previous month. Exports to China are slightly lower (-2.6% YTD) but higher to Indonesia (+14.2% YTD) and Malaysia (+16.7%). NONHYGROSCOPIC: 800 - 850 0930c eric.graf@ams.usda.gov 608.557.7004 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home