MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  January 14, 2016 (REPORT 2)                        

DRY WHEY - CENTRAL                                               
                                                                 
Prices for Central dry whey are unchanged to higher on the range and 
mostly series. Descriptions of market conditions differ, depending on 
point of view. Some manufacturers and resellers term the market as 
recovering some of its stability, with the futures markets showing higher 
prices in the upcoming months. Conversely, others indicate the market 
remains steady to weak, as evidenced by a regular stream of offers for 
loads from manufacturers, brokers, and resellers. End users do have 
interest in filling near term needs, however, that interest is strongly 
price dependent. Potential buyers report receiving requests from sellers 
to make bids on warehoused dry whey. Bids falling short of usual premiums 
for various brands are being rejected by sellers. Dry whey production is 
active, although at lower rates than during the holiday weeks. This stems 
from cheese manufacturers not wanting to get ahead of current orders on 
most cheese varieties. Dry whey inventories are steady. Animal feed dry 
whey prices are higher on light to moderate trading activity. 
Manufacturers report they'd cleared out much of their inventory ahead of 
the end of the year. Now it will take some time to rebuild full loads of 
animal feed dry whey. 

F.O.B. CENTRAL:    .1900 - .2800   MOSTLY:    .2000 - .2500      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1425 - .1900      

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