MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  May 05, 2016 (REPORT 18)                           

DRY WHEY - WEST                                                  

Prices for western whey are mixed this week. The bottom of both the range and 
mostly price series dropped a penny, while the top end of each price series 
went up one half-cent. A few end users report dry whey is readily available 
and they are seeing processors more willing to negotiate at slightly lower 
prices. Highly desired brands however, received a little price bump in some 
markets this week. Industry contacts report activity is quiet outside of 
regular contracts, although a few manufacturers say they are getting some new 
inquiries from buyers in export markets. Production is steady and inventories 
are building. The DMN monthly average of the mostly price series for West dry 
whey during April was $0.2411 compared to $0.2491 one month ago and $0.4409 a 
year ago.

NONHYGROSCOPIC:    .2100 - .2800   MOSTLY:    .2125 - .2550      


U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

March Total              23.8           - 39

TOTAL, JAN - MAR         82.9           - 17
1 China                  19.1           - 30
2 Canada                 11.7           -  1
3 Mexico                  8.5           - 21
4 Japan                   6.4           + 11
5 Philippines             6.3           - 35


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