MD_DA530 DA MD DA530 Dry Whey - Central MADISON, WI. June 08, 2017 (REPORT 23) DRY WHEY - CENTRAL Central dry whey prices dropped on the price range and mostly price series this week. The Central dry whey spot market was active, as many volume loads offered at decreased prices spurred buyers. Whey inventories are available, as Midwestern cheese production and milk intakes have been abundant in recent months. Dry whey reports generally point to current weakness, but some contacts believe whey markets are at/near the nadir, and are bullish regarding near term strength. Animal feed whey prices remain unchanged. Animal feed whey inventories vary from contact to contact, but some end users are stocked and plan to offer some loads on the spot market. The DMN monthly average of the mostly price series for Central dry whey during May was $0.4914, compared to $0.2339 a year ago. The monthly average of the range price series for Central animal feed whey during May was $0.3888, compared to $0.1690 a year ago. The NASS Dairy Products report noted U.S. total dry whey production for April 2017 was 84.3 million pounds, up 3.0 percent from a year ago. January-April 2017 U.S. total dry whey production totaled 331.3 million pounds, 2.6 percent above the same time span in 2016. The Central region produced 41.3 million pounds of U.S. human dry whey production in April. This production is 8.1 percent higher than a year ago. U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2017 Exports % Change From (Million Lb.) 1 Year Ago April Total 37.4 + 34 TOTAL, JAN - APR 142.5 + 28 1 China 64.0 + 162 2 Canada 16.1 ... 3 Mexico 12.0 + 5 4 Philippines 9.8 + 14 5 Indonesia 7.0 - 18 F.O.B. CENTRAL: .3500 - .5900 MOSTLY: .4000 - .5100 F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER: .3375 - .4400 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