MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  March 03, 2016 (REPORT 9)                          

DRY WHEY - CENTRAL                                               
                                                                 
Central dry whey prices are lower and higher on the range and mostly price 
series. The market tone is mixed. Contract prices related to various 
indices shifted higher, while other f.o.b. prices moved lower to gain 
interest. Market participants indicate offers from some manufacturers and 
many brokers/traders emerged this week. Offers include some dry whey loads 
from 2015 that are still within the one year storage life. Buyers are 
finding good value in those loads, as long as their plans are to use the 
loads in the near term. However, sellers indicate buyers are price 
conscious and ready to pass on offers that seem too costly compared to 
other offers. Dry whey production is active, although some cheese plant 
operators noted they reduced production by one day a week as a result of 
milk supply contracts ending at the close of February. Dry whey 
inventories are mixed. Some manufacturers indicate stocks on hand are 
closely matched to contract fulfillment needs. One or two producers asked 
end users to release dry whey loads under contract to give them some 
breathing room. Conversely, other manufacturers have inventories above 
what is needed for completing contract shipments. Central animal feed dry 
whey prices are lower on the bottom of the range. Availability is 
occasional from a few manufacturers. With varying characteristics from 
load to load, some buyers are able to successfully offer lower prices. 
Production is light. 

F.O.B. CENTRAL:    .1800 - .2800   MOSTLY:    .2200 - .2600      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1300 - .2150      

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