MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  March 05, 2015 (REPORT 9)                          

DRY WHEY - WEST   

Prices for Western dry whey are lower on the top of the range and 
mostly.  Factors being discussed include many customers already 
stocked for current needs, volumes of whey clearing through resale 
this week to reduce holdings, and little spot market activity.  Many 
holders of whey available for spot sale have little buyer interest.  
Some manufacturers are resuming shipments toward ports of contracted 
exports to Asian nations.  Much domestic demand is secured by 
existing contracts, requiring that increased whey production be moved 
into export.  Many exporters are now finding that export pricing is 
weaker than some domestic index pricing.  Continuing heavy cheese 
production in the region signals continuing whey availability.  The 
market tone for whey is weak.   NASS reports January 2015 U.S. dry 
whey production, 75.5 million pounds, is up 1.7% from December 2014 
and up 9.5% from January 2014.  Western dry whey production is up 
12.6% from December 2014 and up 22% from January 2014.                                  
                                                                 
NONHYGROSCOPIC:    .3800 - .5325   MOSTLY:    .4200 - .4700      


1100CT eric.graf@ams.usda.gov 608.278.4153 
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