MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  March 10, 2016 (REPORT 10)                         

DRY WHEY - CENTRAL                                               
                                                                 
Dry whey prices in the Central region are unchanged to higher on a mixed 
market. Although variably priced index based contract prices shifted 
higher, the market tone has yet to arrive in firm territory. Buyers report 
they regularly receive offers or requests for bids from dry whey 
manufacturers, resellers, and marketing agents. Several feed blenders, who 
are regular users of edible whey, indicate they've recently purchased 
imported whey solids of varying composition as a substitute for domestic 
whey. The higher protein profile and competitive delivered price makes the 
imported whey solids an economical alternative. Dry whey production is 
steady to higher at some plants as improving cheese orders spur American 
and Italian cheese production. Also, a few Central plant operators are 
diverting whey streams from whey protein concentrates into dry whey to 
help support those WPC markets. The DMN monthly average of the mostly 
price series for Central dry whey during February was $0.2393, 
compared to $0.4782 a year ago. January dry whey (human) production in 
the Central region totaled 37.1 million pounds, 8.7 percent above a 
year ago. Animal feed whey prices are unchanged to lower on light 
demand. With many options available to feed blenders, price 
concessions are often the one factor that wins sales. The monthly 
average of the range price series for Central animal feed whey during 
November was $0.1735, compared to $0.4013 a year ago. 
DAIRY PRODUCTS: The NASS Dairy Products report noted U.S. total dry 
whey production for January was 83.0 million pounds, up 9.8 percent 
from a year ago. U.S. total dry whey month ending stocks for January 
were 83.4 million pounds, 32.6 percent higher than one year ago. 


F.O.B. CENTRAL:    .1800 - .2900   MOSTLY:    .2200 - .2650      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1250 - .2150      


U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

January Total             29.6           - 1

TOTAL, JAN                29.6           - 1
 1 China                   6.7           - 32
 2 Canada                  4.1           + 20
 3 Mexico                  3.2           - 26
 4 Japan                   2.9           + 222
 5 Philippines             2.6           + 41


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