MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  May 5, 2016 (REPORT 18)                         

DRY WHEY - CENTRAL       

Whey prices are mostly steady this week in a mixed market. Whey 
manufacturers are working hard to manage the abundant whey stream 
resulting from another week of active cheese making in the Central region. 
Inventories are seeing moderate increases in stocks as some processors 
choose not to sell in the current market. However, other processors have 
had success moving considerable amounts of inventories and report very 
little stocks. Contracts continue to be filled, and in some cases, 
contract buyers are taking a few extra loads here and there. Buyers 
looking for specific brands and/or specifications are still willing to pay 
premiums. Overall, there is a sizeable amount and variety of whey in the 
market place for buyers to choose from. Revenue for Chinese hog growers 
has reportedly increased from 2015. United States whey producers are 
optimistic this will increase whey exports in the near future. Animal feed 
whey prices are unchanged this week. Feed blenders are running full 
schedules. Many producers report being happy with their current sales and 
inventory levels. There is animal feed nonfat dry milk available in the 
market, which could lead to a decrease in whey use for feed blenders. The 
DMN monthly average of the mostly price series for Central dry whey during 
April was $0.2371, compared to $0.4251 a year ago. The monthly average of 
the range price series for Central animal feed whey during April was 
$0.1752, compared to $0.3109 a year ago. 

                                                                                                                                                                        
F.O.B. CENTRAL:    .2000 - .2750   MOSTLY:    .2100 - .2550      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1250 - .2150      


1100CT Amy.L.Schmitz@ams.usda.gov 608.557.7004
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