MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  January 28, 2016 (REPORT 4)                        

DRY WHEY - CENTRAL                                               
                                                                 
Prices for Central dry whey are unchanged to higher on the range and 
mostly series as some variably priced contracts factor in changes on 
indices. Buyers report they continue to search for well-priced loads from 
all sources. F.O.B. spot load availability is light to moderate, as many 
manufacturers broadened the number of agreements in place with 
brokers/traders, thus decreasing the need to regularly sell via the spot 
market. Manufacturers report inventories are comfortable. Export sales to 
the Far East helped moderate end of month inventories, and those sales 
made recent active production trends less problematic as far as building 
holdings. Manufacturers also have some contracts in hand for February 
offshore sales. Animal feed dry whey prices are steady to lower. Some feed 
blenders noted orders for finished feed are declining in some regional 
markets. This is especially true in the southwest as calf ranchers and 
dairy operators impacted by snowstorm Goliath adjust feed orders lower to 
account for lost youngstock. However, some veal operators refilled barns 
as prices for calves trended lower.         
                                                                 
F.O.B. CENTRAL:    .1800 - .2750   MOSTLY:    .2200 - .2450      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1200 - .2050      

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