MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  September 24, 2015 (REPORT 38)                     

DRY WHEY - CENTRAL                                               

Central region dry whey prices are unchanged to fractionally lower on 
the range and mostly series as f.o.b. spot and variable index prices 
adjust. While prices did move lower, the market tone is mixed. Buyers 
are returning to the market and putting together mid-term contracts. 
Some are entering into discussions for 2016. A few end users indicate 
they've had trouble locating dry whey spot loads for near term use. 
While some buyers don't expect a quick market turnaround, they feel 
the downside risks associated with taking positions on dry whey are 
acceptable. Dry whey production is steady to lower as a few plant 
operators work on maintenance projects. This has sent some addition 
condensed whey into the marketplace. Animal feed dry whey prices are 
steady on a lightly tested spot market. Most sales are through 
contract agreements. Feed blenders indicate the offers of high protein 
dairy ingredients in the marketplace are increasing their needs for 
dry whey for blending purposes. However, edible dry whey is offering a 
reasonably priced alternative to feed whey that may impact sensory 
characteristics of finished feed. 

                                                                 
F.O.B. CENTRAL:    .1500 - .2950   MOSTLY:    .1700 - .2250      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1700 - .2000      

1100CT Janet.Linder@ams.usda.gov 608.557.7003
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home