MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  October 29, 2015 (REPORT 43)                       

DRY WHEY - CENTRAL                                               
                                                                 
Central dry whey prices are unchanged on the range, but higher to 
unchanged on the mostly series. End users indicate they received fewer 
offers of f.o.b. whey spot loads this week. Producers report that some 
volumes were cleared before end of month to help balance inventories. 
Discussions are ongoing regarding 2016 contracting. Producers are 
tacking premiums onto all contract offers using a base price. Buyer 
respond is tepid to these initial offers. Dry whey production is 
steady as the month draws to a close. Inventories are variable. Some 
producers report they have nothing to offer to the spot market, but 
other manufacturers have plans for steady selling through the upcoming 
weeks to help manage inventories. Prices for animal feed dry whey 
shifted higher on the bottom of the range. Demand is mixed, with ready 
demand for slightly off specification loads. Loads with pronounced 
physical deviations from specifications are difficult to clear. 
Blended feed production is active, with some manufacturers using more 
dry whey to blend higher protein inputs to acceptable finished feed 
protein values. 

F.O.B. CENTRAL:    .1700 - .2800   MOSTLY:    .1900 - .2200      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1425 - .1900      

Dairy Market News Reporting Changes Proposal
Dairy Market News (DMN) is proposing updating the Dairy Market News 
Working Guidelines. This proposal is the result of an industry comment 
period. The updates would allow DMN market reports to additionally 
include information and sales prices reported by individuals and firms 
functioning as marketing agents selling on the behalf of dairy product 
manufacturers. The Working Guidelines updates are intended to capture 
more information on pricing and market conditions and reflect the 
evolution of the marketing of dairy products. Currently, market 
pricing information is collected for first sale, f.o.b. producers' 
plants or warehouses. The changes would be effective starting with 
Report 1, January 2016.

Comment by October 30, 2015 to: DMN@ams.usda.gov  
Link to current DMN working guidelines: 
http://www.ams.usda.gov/market-news/individual-dairy-market-news-
commodity-reports

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