MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  April 07, 2016 (REPORT 14)                         

DRY WHEY - CENTRAL                                               

Central dry whey prices are unchanged to fractionally lower. The market tone 
is weak following several weeks of active cheese/dry whey production and 
light to moderate interest outside of contracts. Manufacturers have, in some 
cases, stepped back from making dry whey spot loads available. Resellers have 
put some offers in play, but report some sales are solidifying losses. Buyers 
are choosy and content to shop through multiple outlets. Dry whey production 
is active. With heavy milk supplies, discount priced spot loads of milk are 
helping defray production costs for some cheese vats, as well as the dry 
whey. Manufacturers' inventories are steady to higher. The DMN monthly 
average of the mostly price series for Central dry whey during March was 
$0.2418, compared to $0.4416 a year ago. The monthly average of the range 
price series for Central animal feed whey during March was $0.1730, compared 
to $0.3514 a year ago. February unadjusted dry whey (human) production in the 
Central region totaled 34.9 million pounds, 9.4 percent above a year ago.
The NASS Dairy Products report noted U.S. total unadjusted dry whey 
production for February 2016 was 74.6 million pounds, down 4.3 percent from a 
year ago. January-February U.S. total dry whey production totals 157.8 
million pounds, 2.8 percent ahead of the same time span in 2015. U.S. total 
dry whey month ending stocks for February were 75.8 million pounds, 21.1 
percent higher than one year ago. Prices for animal feed dry whey are 
steady. Various manufacturers report their inventories are mixed as loads 
are built gradually from week to week. Demand is steady, however there 
currently is some crossover between animal and edible dry whey price 
series, thus offering end users opportunities to negotiate prices. Feed 
blenders' interest is light to moderate as many are working through stocks 
on hand. A few blenders report they have cut production rates of finished 
feed as they caught up with end of the month/first of the month orders. 
                                                           
F.O.B. CENTRAL:    .1800 - .2925   MOSTLY:    .2200 - .2600      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1250 - .2325      


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