MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  February 05, 2015 (REPORT 5)                       

DRY WHEY - WEST                                                  

Western dry whey prices are steady to slightly lower.  The market 
undertone remains weak with some segments slow to reactivate buying.  
Demand is uneven.  Some buyers are taking needs under supply 
contracts, but are not willing to take extra whey at the present 
time.  The spot market is showing limited interest with buyers also 
poking the resale market to find the best bargain.  The extent of 
exports is generally based on regular business.  There is caution 
about when is the best time to make purchases in the current 
unsettled environment. Whey drying schedules are active and slightly 
higher where milk and cheese output increased. Condensed whey is 
often being moved to WPC plants.   

According to NASS, U.S. total dry whey production during December 
totaled 76.0 million pounds, down 9.9% from a year earlier.  Western 
(human) output totaled 16.0 million pounds, 38.0% less than a year 
ago.  U.S. total whey stocks were 59.7 million pounds at the end of 
December, 4.2% less than a year earlier.  
                                                                 
NONHYGROSCOPIC:    .3800 - .6025   MOSTLY:    .4200 - .4900      
                                           
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