MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  March 02, 2017 (REPORT 9)                          

DRY WHEY - WEST                                                  

Western whey prices moved up slightly at the bottom of both the range and 
mostly price series. Buyers say whey producers are not offering any 
discounted loads and inventories are fairly tight. Manufacturers are 
seeing relatively good demand, especially from end users that require dry 
whey in their recipes. Some contacts report demand from Mexico is slightly 
lower. And, while there is good demand in Southeast Asia, current price 
points for dry whey make it more difficult to attract new business. 
Industry contacts suggest dry whey markets are stuck and some buyers are 
starting to take a wait and see approach to purchases. The recent 
devaluation of whey futures has given many market participants a pause. In 
addition, a few contacts say the current value of protein in whey is not 
sustainable in relation to the value of protein in nonfat dry milk. 

NONHYGROSCOPIC:    .4500 - .5700   MOSTLY:    .4700 - .5300      


1100CT Mike.Bandli@ams.usda.gov 608.422.8592
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