MD_DA540 DA MD DA540 Dry Whey - West MADISON, WI. December 03, 2015 (REPORT 48) DRY WHEY - WEST The bottom end of both the range and mostly price series moved slightly higher for Western whey this week. Industry contacts note demand is steady and product is available. Inventories at manufacturers have become more comfortable. Many processors are working on Q1 contracting and have stocks that are already committed. Manufacturers are willing to hold dry whey into Q1. Whey production is steady. NONHYGROSCOPIC: .2100 - .3100 MOSTLY: .2200 - .2550 Dairy Market News Reporting Change Notice Upon the conclusion of the October 2015 industry comment period and a review of industry responses, Dairy Market News (DMN) is updating the Dairy Market News Working Guidelines, effective Report 1, January 2016. The updates will allow DMN market reports to additionally include information and sales prices reported by individuals and firms functioning as marketing agents selling on the behalf of dairy product manufacturers. The Working Guidelines updates are intended to capture more information on pricing and market conditions and reflect the evolution of the marketing of dairy products. Currently, market pricing information is collected for first sale, f.o.b. producers' plants or warehouses. Link to current and updated DMN working guidelines: http://www.ams.usda.gov/market-news/individual-dairy-market-news-commodity- reports December 1, 2015 1100CT Mike.Bandli@ams.usda.gov (608) 557-7010 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