MD_DA540 DA MD DA540 Dry Whey - West MADISON, WI. December 08, 2016 (REPORT 49) DRY WHEY - WEST The western whey price range is steady. However, the mostly price series moved higher driven by some spot sales of desired brands. Although, buyers say they can find whey as needed, inventories are relatively tight and committed into 2017. Dry whey production is steady. Demand is stable and sound. Industry contacts are watching whey futures markets closely to try to gauge if whey prices are set to move higher or soften. The DMN monthly average of the mostly price series for West dry whey during November was $0.3759 compared to $0.3533 one month ago and $0.2308 a year ago. NASS reports that October 2016 U.S. human whey production, 81.9 million pounds, is up 8.5% from a year ago, and up 9.4% from September 2016. The Western region produced 24.3 million pounds of edible dry whey during October, up 38.9% from last year, and up 31.4% from September. Month ending stocks for U.S. human whey, at 59.7 million pounds, are 8.8% higher than one year ago and up 18.2% from September 2016. NONHYGROSCOPIC: .3500 - .4500 MOSTLY: .3750 - .4300 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago October Total 43.0 + 55 TOTAL, JAN - OCT 342.6 -- 1 China 116.3 + 29 2 Canada 36.0 - 2 3 Mexico 31.1 - 24 4 Vietnam 26.0 + 70 5 Philippines 24.0 - 15 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