MD_DA540 DA MD DA540 Dry Whey - West MADISON, WI. October 06, 2016 (REPORT 40) DRY WHEY - WEST Western whey prices moved slightly higher this week. Industry contacts say export demand has picked up and has allowed some manufacturers to clear inventories. A few manufacturers report dry whey stocks are committed through much of the remainder of the calendar year and there is limited spot load availability. Production is active, but lower as manufacturers focus on producing higher whey protein concentrations. Industry contacts say the secondary market is active. The DMN monthly average of the mostly price series for West dry whey during September was $0.3239 compared to $0.3020 one month ago and $0.2185 a year ago. NASS reports that August 2016 U.S. human whey production, 73.3 million pounds, is down 10.3% from a year ago, and down 8.5% from July 2016. The Western region produced 18.0 million pounds of edible dry whey during August, down 16.1% from last year, and down 12.8% from July. Month ending stocks for U.S. human whey, at 59.5 million pounds, are 26.7% lower than one year ago and down 14.4% from July 2016. NONHYGROSCOPIC: .2950 - .4100 MOSTLY: .3100 - .3600 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago August Total 45.1 + 47 TOTAL, JAN - AUG 266.0 - 8 1 China 86.8 + 7 2 Canada 30.9 + 2 3 Mexico 25.1 - 21 4 Vietnam 20.8 + 64 5 Philippines 17.9 - 27 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