MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  January 19, 2017 (REPORT 3)                        

DRY WHEY - CENTRAL                                               

Central whey prices are steady to higher. Industry contacts say the market tone 
for dry whey is firm. Dry whey seems to be moving well through existing 
contracts. Processors suggest there is good demand from some Mexican markets, 
but current pricing has made it more difficult to access dry whey markets in 
Southeast Asia for Central whey producers. Manufacturers report inventories are 
comfortable to tight. Production is steady to lower as manufacturers have been 
making higher protein concentrations rather than dry whey. However, some 
contacts feel this may reverse if dry whey prices continue to strengthen 
relative to other whey proteins. Domestic end users are not seeing a lot of 
spot offers, but are also content to use existing stocks. Contacts say there is 
a good amount of blended whey available for animal feed uses. Animal feed whey 
prices are higher. Some end users are taking a wait and see approach, willing 
to pick and choose among more favorable offers.


F.O.B. CENTRAL:    .3800 - .5200   MOSTLY:    .4025 - .4475      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .3300 - .4450      


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