MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  December 17, 2015 (REPORT 50)                      

DRY WHEY - CENTRAL                                               
                                                                 
Dry whey prices in the Central region are unchanged to higher on a mixed 
market. Some resellers and end users are coming forward to take some short 
to mid-term positions on dry whey as they judge the downside risk is 
minimal. However, some brokers/traders indicate they are content to wait 
before making commitments on 2016 volumes. Just the same, contracting for 
2016 is moving forward. Some manufacturers are exploring different options 
for handling sales, including internal sales and using multiple outlets. 
Dry whey production is steady to higher as spot milk availability 
increased this week. Some plant operators have the cheese orders to 
support taking in milk, especially milk loads priced below Class. Animal 
feed dry whey prices are steady. Inventories are light and sellers feel 
they can hold with some confidence. Animal feed blenders report they are 
getting offers from a few suppliers, but a larger portion of their 
activity has been within the edible dry whey markets. With prices hovering 
in the low 20s, blenders are putting together some purchases ahead of the 
end of the year. Demand for blended feed is active across veal, beef, and 
dairy replacement accounts. 

F.O.B. CENTRAL:    .1800 - .2800   MOSTLY:    .1900 - .2425      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1500 - .1850      

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