MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  July 21, 2016 (REPORT 29)                          

DRY WHEY - CENTRAL                                               
                                                                 
Dry whey prices in the Central region are steady this week. Production 
is steady. Although milk production is decreasing across the region, 
many cheese manufacturers are seeking spot loads of milk to maintain 
production levels, keeping the whey stream active. Demand is steady. 
Several manufacturers report that the majority of current sales are on 
a contract basis. However, other brokers and manufacturers are getting 
calls from buyers looking to purchase spot loads of dry whey. A few 
end users report requests from suppliers to take additional loads with 
their contracts. International buyers continue to seek loads of dry 
whey from the U.S., although some market participants feel their role 
in the market is not as strong as in recent weeks. Inventories are 
mixed. Some industry contacts believe whey inventories are long in the 
Central region. Other contacts report comfortable to light 
inventories. The market is steady to firming. Animal feed dry whey 
prices are unchanged this week. Several feed blenders report a small 
uptick in sales and are hopeful the seasonal slump they typically see 
this time of year is ending. Many market participants report a 
plentiful supply of off specification dairy powders available on the 
spot market. Although contacts report being comfortable with current 
inventory levels, they are pursuing offers from sellers if the price 
is right. The market undertone is steady.  
                                                               
F.O.B. CENTRAL:    .2300 - .3500   MOSTLY:    .2350 - .2750      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1300 - .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