MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  January 07, 2016 (REPORT 1)                        

DRY WHEY - CENTRAL                                               
                                                                 
Central dry whey prices are unchanged to higher on the range and mostly 
series. Trading is light to moderate. While larger buyers have some contracts 
in place for early 2016, a portion of buyers are content to shop the f.o.b. 
and resale markets on a regular basis to fulfill near-term needs. Also, 
monthly and quarterly contracting is ongoing as buyers determine how best to 
handle this market. Dry whey production is active. Volumes of milk clearing 
through cheese are somewhat lower than during the holiday weeks, but some 
discounted milk loads are available and cheese manufacturers are taking 
advantage of those offers. November dry whey (human) production in the 
Central region totaled 36.7 million pounds, 12.3 percent above a year ago. 
The DMN monthly average of the mostly price series for Central dry whey 
during December was $0.2128, compared to $0.5701 a year ago. Animal feed dry 
whey prices are steady. Manufacturers report interest is light, but late 
December sales reduced holdings to a comfortable level. The monthly average 
of the range price series for Central animal feed whey during November was 
$0.1636, compared to $0.4526 a year ago. 
DAIRY PRODUCTS: The NASS Dairy Products Report noted U.S. total dry whey 
production for November was 81.9 million pounds, up 14.6 percent from a year 
ago. January-November U.S. total dry whey production totals 883.2 million 
pounds, 11.2 percent ahead of the same time span in 2014. U.S. total dry whey 
month ending stocks for November were 66.9 million pounds, 2.8 percent higher 
than one year ago. 

F.O.B. CENTRAL:    .1800 - .2800   MOSTLY:    .1900 - .2500      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1200 - .1800      


U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

November Total            26.3           - 28

TOTAL, JAN - NOV         366.9           - 22
 1 China                  95.0           - 37
 2 Mexico                 42.3           - 29
 3 Canada                 39.9             ...
 4 Philippines            29.4           + 22
 5 Japan                  27.2           - 10

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