MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  April 09, 2015 (REPORT 14)                         

DRY WHEY - CENTRAL 

Dry whey prices are mixed this week, with the bottom of the range down 
and the top up. Some buyers are purchasing with futures pricing for 
Q3. Dry whey production rates are steady. Current inventory levels are 
mixed. Demand has picked up but some buyers are content to work off 
current inventories or buy hand-to-mouth, waiting for desired pricing 
levels. Export demand is steady. Animal feed prices are unchanged. 
Inventory levels are mixed as some manufactures only produce on a 
limited basis. Demand is steady to lower as some buyers have reduced 
needs due to lower animal numbers. The DMN monthly average of the 
mostly price series for Central dry whey during March was $0.4416, 
compared to $0.6246 a year ago. The monthly average of the range price 
series for Central animal feed whey during March was $0.3514, compared 
to $0.5230 a year ago. The NASS Dairy Products Report noted U.S. total 
dry whey production for February was 78.0 million pounds, up 25.7% 
from a year ago. January-February U.S. total dry whey production 
totals 153.6 million pounds, 16.3% ahead of the same time span in 
2014. U.S. total dry whey month ending stocks for February were 61.6 
million pounds, 8.7% more than last year. February dry whey (human) 
production in the Central region totaled 32.0 million pounds, 4.2% 
higher than a year ago. 

                                            
                                                                 
F.O.B. CENTRAL:    .3500 - .5450   MOSTLY:    .4000 - .4600      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .2500 - .3800      



                    


1100CT Tara.Herbst@ams.usda.gov 608-557-7007
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