MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  February 09, 2017 (REPORT 6)                       

DRY WHEY - CENTRAL                                               

Central whey prices shifted higher in both the range and mostly price series 
for the second consecutive week. Some contacts suggest dry whey production 
levels are lighter, as producers maintain focus on higher protein 
concentrations. Domestic demand remains strong, but questions remain as to 
whether Asian markets will pick up following the Chinese New Year, or whether 
U.S. price points are going to deter Asian exports. End users report a scarcity 
in spot offers of dry whey, and some buyers suggest a tightening supply. Some 
end users remain stocked up on dry whey and are awaiting lower prices before 
considering spot purchases. The market tone is uncertain. Animal feed whey 
prices moved up on the bottom of the range, as spot offerings remained scarce. 
The DMN monthly average of the mostly price series for Central dry whey during 
January was $0.4231, compared to $0.2251 a year ago. The monthly average of the 
range price series for Central animal feed whey during January was $0.3785, 
compared to $0.1626 a year ago. The NASS Dairy Products report noted U.S. total dry 
whey production for December 2016 was 79.6 million pounds, down 13.3 percent from a 
year ago. January-December 2016 U.S. total dry whey production totaled 957.3 
million pounds, 1.8 percent below the same time span in 2015. The Central region 
produced 39.3 million pounds of U.S. human dry whey in December. This production is 
8.0 percent higher than a year ago.  
                                                                 
F.O.B. CENTRAL:    .4100 - .5500   MOSTLY:    .4325 - .4900      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .3900 - .4450      

 
1100CT Israel.weber@ams.usda.gov (608)422-8601
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