MD_DA540 DA MD DA540 Dry Whey - West MADISON, WI. January 29, 2015 (REPORT 4) DRY WHEY - WEST Dry whey prices in the West are steady to slightly lower. The market tone remains weak. Production trends are uneven, dependent on cheese production and where the whey stream is being directed. Demand is light to fair domestically. Orders are clearing well for supply contracts; yet spot interest is slow unless discounted. Circularity of pricing indices appears to be holding the market prices higher than projected and, in cases, desired. The resale market is seeing lower offering prices and traders/brokers are noted to be selling at a loss to keep whey moving and avoid building inventories. NONHYGROSCOPIC: .3800 - .6025 MOSTLY: .4200 - .5000 1100CT Butch.speth@ams.usda.gov 608.278.4152 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home