MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  July 6, 2017 (REPORT 27)                          

DRY WHEY - WEST                                                  

F.O.B spot prices for Western dry whey remain steady on the range, but 
shifted lower on the bottom of the mostly price series. The market undertone 
is weak. Demand is good, although not enough to keep up with production. High 
volumes of dry whey are being produced due to an increase in cheese output. 
Inventories continue to grow from day to day. Some industry contacts suggest 
that manufacturers are having a hard time moving dry whey. They claim that 
competitive European prices are hindering U.S. sales into the international 
market. The DMN monthly average of the mostly price series for West dry 
whey during June was $0.4415 compared to $0.4636 one month ago and 
$0.2440 a year ago. 

NONHYGROSCOPIC:    .3800 - .5150   MOSTLY:    .4000 - .4650      

1100CT Florence.KoneGonzalez@ams.usda.gov 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