MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  March 30, 2017 (REPORT 13)                         

DRY WHEY - WEST   

Western whey prices are higher at the bottom of the range, and bumped 
slightly higher at both ends of the mostly price series. Market views vary 
widely among industry contacts. Some market participants suggest tight 
inventories warrant stable to higher prices. However, others see lower 
international prices and future prices as signals of impending weakness in 
the market. Some buyers in Mexico and other Latin America countries are 
getting Canadian whey offers below U.S. dry whey published prices. In 
addition, some domestic buyers are hesitant to buy additional loads. Dry 
whey is still moving well within current contracts. Domestic demand is 
generally steady. Whey output is down due to manufacturers producing other 
whey protein concentrations or whey permeate.                                                  
                                                                 
NONHYGROSCOPIC:    .4500 - .5900   MOSTLY:    .4600 - .5400      

1100CT Mike.Bandli@ams.usda.gov 608.422.8592  
Florence Kone-Gonzalez 608.422.8594
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