MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  August 11, 2016 (REPORT 32)                          

DRY WHEY - CENTRAL    
                                           
Dry whey prices in the Central region are unchanged this week. 
Production is steady to lower. As demand for higher protein whey 
products climbs, some manufacturers are focusing production efforts 
towards those entities instead of dry whey production. Domestic demand 
is steady to higher. Some buyers feel that spot loads are becoming 
harder to find. Buyers seeking specific brands of dry whey are willing 
to pay prices towards the high end of the market. International 
interest is present on the spot market; however, exports are 
reportedly slowing down. Inventories are mixed. Some manufacturers 
have light spot load availability after weeks of active trading while 
other industry contacts report longer inventories. The market 
undertone is firming. Animal feed whey prices are unchanged this week 
on light trading. Feed blenders report steady to marginally higher 
production. Inventories are mixed. Market participants feel sales are 
steady and buyer demand is where they anticipated for this point in 
the year. The market undertone is steady. The NASS Dairy Products 
report noted U.S. total dry whey production for June 2016 was 79.2 
million pounds, down 7.7 percent from a year ago. January-June U.S. 
total dry whey production totals 485.3 million pounds, 0.4 percent 
ahead of the same time span in 2015. The Central region accounted for 
48.4 percent (37.6 million pounds) of U.S. human dry whey production 
in June. This production is 8.9 percent lower than a year ago. Total 
U.S. dry whey human month ending stocks for June were 73.5 million 
pounds, 2.3. percent below a year ago.  
                                      
U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

June Total                37.3           - 2
 
TOTAL, JAN - JUN         184.0           - 17
 1 China                  50.9           - 24
 2 Canada                 23.2           - 2
 3 Mexico                 18.5           - 20
 4 Philippines            13.5           - 25
 5 Vietnam                13.3           + 42
                                                                               
                                                                 
F.O.B. CENTRAL:    .2400 - .3500   MOSTLY:    .2450 - .2850      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .1300 - .2550      
   
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