MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  May 04, 2017 (REPORT 18)                           

DRY WHEY - WEST                                                  

The Western whey price range narrowed, while the mostly price series 
held steady. Market participants suggest there is weakness in the whey 
market and that it may be in a period of transition. Some buyers say 
whey prices are too high. They are choosing to hold off on purchases 
until they get clearer market signals. Demand from Southeast Asia and 
China is still good. And some contacts anticipate that Mexican buyers 
may soon come back into the market. Dry whey production is steady to 
higher as heavy milk volumes clear into cheese plants. A few contacts 
suggest there is a little more whey available in the market. 
Manufacturers say inventories are balanced to committed through the 
next few months. The DMN monthly average of the mostly price series 
for West dry whey during April was $0.4925 compared to $0.4935 one 
month ago and $0.2411 a year ago.

NONHYGROSCOPIC:    .4200 - .5400   MOSTLY:    .4200 - .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