MD_DA530 DA MD DA530 Dry Whey - Central MADISON, WI. January 12, 2017 (REPORT 2) DRY WHEY - CENTRAL Central whey prices moved higher through the full range and at the bottom of the mostly price series. Manufacturers report strong demand in some Mexican markets, but have also gotten pushback on price in others. Domestic demand is steady and many end users are content to work through existing contracts. A few end users are finding extra loads of whey harder to find. Inventories are tighter and more highly committed. Production is fairly steady. However, some processors note lower outputs due to more whey getting processed into higher whey proteins than heading straight for the dryers. Animal feed whey prices moved slightly higher at the top of the range. Some manufacturers say they are getting more offers of whey that is slightly out of spec from processors. The NASS Dairy Products report noted U.S. total dry whey production for November 2016 was 73.5 million pounds, down 6.9 percent from a year ago. January-November U.S. total dry whey production totals 878.3 million pounds, 0.5 percent below the same time span in 2015. The Central region accounted for 50.4 percent (36.0 million pounds) of U.S. human dry whey production in November. This production is 7.0 percent more than a year ago. Total U.S. dry whey month ending stocks for November were 61.8 million pounds, 6.0 percent above a year ago. F.O.B. CENTRAL: .3800 - .4875 MOSTLY: .4025 - .4300 F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER: .3150 - .4200 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago November Total 38.5 + 52 TOTAL, JAN - NOV 381.1 + 4 1 China 133.7 + 41 2 Canada 38.2 - 4 3 Mexico 35.9 - 15 4 Vietnam 28.2 + 73 5 Philippines 25.9 - 12 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