MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  March 09, 2017 (REPORT 10)                         

DRY WHEY - CENTRAL                                               

Central dry whey prices were mixed on the range and remained steady on the 
mostly price series. Production of dry whey continues at active levels. Some 
Midwestern cheesemakers report ongoing export interest in whey from 
Southeast Asian markets. Domestic demand is steady. Reports vary on where 
the whey market is heading. Some contacts suggest a near term steadiness to 
a slow growth. Other contacts report that whey prices have peaked, as 
pushback at the top end of the range has been reported. Spot market activity 
was fairly quiet this week as end users work through contracts. Once again, 
inventory reports ranged from tight to suitable for contract needs. Animal 
feed whey prices were steady this week. Animal feed whey spots were 
infrequently reported, as contacts suggest feed whey is becoming 
increasingly harder to find. The DMN monthly average of the mostly price 
series for Central dry whey during February was $0.4684, compared to $0.2393 
a year ago. The monthly average of the range price series for Central animal 
feed whey during February was $0.4002, compared to $0.1735 a year ago. The 
NASS Dairy Products report noted U.S. total dry whey production for January 
2017 was 79.8 million pounds, down 0.8 percent from a year ago. The Central 
region produced 39.2 million pounds of U.S. human dry whey production in 
January. This production is 4.8 percent higher than a year ago. The Foreign 
Agricultural Service (FAS) reports that January 2017 U.S. dry whey exports 
totaled 34.0 million pounds, a 15% increase from a year ago.

U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

January Total            34.0           + 15
 
TOTAL, JAN               34.0           + 15
 1 China                 13.1           + 95
 2 Canada                 3.9           -  6
 3 Mexico                 3.4           +  5
 4 Philippines            1.9           - 29
 5 Japan                  1.8           - 37


                                                                 
F.O.B. CENTRAL:    .4325 - .5550   MOSTLY:    .4600 - .5100      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .3375 - .4800      

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-
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