MD_DA530                                                         
DA                                                               
MD DA530 Dry Whey - Central                                      

MADISON, WI.  August 10, 2017 (REPORT 32)                        

DRY WHEY - CENTRAL                                               
                                                                 
Central whey prices decreased on the top of the range and top of the mostly 
price series. The spot market for dry whey was slower than a noticeably busy 
previous week. Some spot sales this week, near the top of the range, were 
for specific brands or specifications. Contacts report that inventories are 
generally available. Dry whey production is experiencing a slight decline, 
as milk has become less available for Class III production in the Midwest. 
Feed whey spot market prices mirrored dry whey prices and slipped on the top 
of the price range. Feed whey spot activity was quiet. Feed whey inventories 
are still available, although feed suppliers are expressing some relief as 
stocks are becoming more manageable as months of continually growing 
inventories have begun to taper. The DMN monthly average of the mostly price 
series for Central dry whey during July was $0.4280, compared to $0.2546 a 
year ago. The monthly average of the range price series for Central animal 
feed whey during July was $0.3878, compared to $0.1722 a year ago. The NASS 
Dairy Products report noted U.S. total dry whey (Human) production for June 
2017 was 86.1 million pounds, up 10.3 percent from a year ago. January-June 
2017 U.S. total dry whey production totaled 502.2 million pounds, 3.5 
percent above the same time span in 2016. The Central region produced 42.0 
million pounds of U.S. human dry whey production in June. This production is 
11.8 percent higher than a year ago. 

F.O.B. CENTRAL:    .3200 - .4900   MOSTLY:    .3600 - .4500      
F.O.B. CENTRAL: ANIMAL FEED MILK REPLACER:    .2800 - .4100      

U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2017 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

June Total               39.1           +   5
 
TOTAL, JAN - JUNE       220.4           +  19
 1 China                106.5           + 108
 2 Canada                24.3           +   5
 3 Philippines           16.4           +  21
 4 Mexico                16.3           -  12
 5 Japan                  9.9           -  18



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