MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  January 07, 2016 (REPORT 1)                        

DRY WHEY - WEST                                                  

Western whey prices are unchanged. Manufacturers report inventories are a 
little tight, however end users note product is readily available. Demand has 
been light and spot sales are limited. Dry whey production is steady to 
higher. The general market tone is weak. The DMN monthly average of the 
mostly price series for West dry whey during December was $0.2390 compared to 
$0.2308 one month ago and $0.5423 a year ago. NASS reports that November 2015 
U.S. human whey production, 80.2 million pounds, is up 13.9% from a year ago, 
and up 8.5% from October. The Western region produced 22.7 million pounds of 
edible dry whey during November, up 40.1% from last year, and up 29.9% from 
October this year. Month ending stocks for U.S. human whey, at 64.6 million 
pounds are 0.6% higher than one year ago and 11.4% higher than one month ago.

U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

November Total            26.3           - 28

TOTAL, JAN - NOV         366.9           - 22
 1 China                  95.0           - 376
 2 Mexico                 42.3           - 29
 3 Canada                 39.9             ...
 4 Philippines            29.4           + 22
 5 Japan                  27.2           - 10

NONHYGROSCOPIC:    .2100 - .3100   MOSTLY:    .2200 - .2600      


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