MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  December 01, 2016 (REPORT 48)                      

DRY WHEY - CENTRAL                                               

Central whey prices moved higher at the bottom of the price range and on both 
ends of the mostly price series. Industry contacts say the strong U.S. dollar 
is keeping exports in check. Domestic demand is steady, but a few contacts 
report there is not a huge demand for whey and not a lot of whey is being 
offered. Dry whey is however, moving well through current agreements. Dry whey 
production is consistent with cheese production and whey inventories are 
comfortable to tight. A few manufacturers say they are trying to hold back on 
Q4 offers in order to make sure they have enough whey available for 2017 
commitments. Market participants are actively working on Q1 contracts. 
Animal feed whey supplies are tight. Some industry contacts suggest favorable 
weather this summer provided good conditions for drying whey. As a result, less 
animal feed grade whey was produced. Animal feed whey prices held steady this 
week.

F.O.B. CENTRAL:    .3000 - .4400   MOSTLY:    .3300 - .3950      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .2400 - .3400      


1100CT Mike.Bandli@ams.usda.gov (608) 557-7010
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