MD_DA540 DA MD DA540 Dry Whey - West MADISON, WI. August 10, 2017 (REPORT 32) DRY WHEY - WEST F.O.B spot prices for whey in the West shifted down at the bottom of the range and both ends of the mostly price series. The market undertone is weak. Whey production is strong due to cheese production being active in the West. Contacts report that inventories are heavy for most manufacturers. Domestic transactions are lower outside of contracted volumes. International sales are slower to develop. The DMN monthly average of the mostly price series for West dry whey during July was $0.4256 compared to $0.4415 one month ago and $0.2687 a year ago. NASS reports that June 2017 U.S. human dry whey production, 86.1 million pounds, is up 10.3 percent from a year ago, and up 5.3 percent from May 2017. The Western region produced 21.3 million pounds of human dry whey during June, up 16.1 percent from last year, and up 26.2 percent from last month. Month ending stocks for U.S. human dry whey, at 81.9 million pounds, are 12.2 percent higher than one year ago, but down 4.8 percent from May 2017. NONHYGROSCOPIC: .3500 - .4625 MOSTLY: .3800 - .4400 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2017 Exports % Change From (Million Lb.) 1 Year Ago June Total 39.1 + 5 TOTAL, JAN - JUNE 220.4 + 19 1 China 106.5 + 108 2 Canada 24.3 + 5 3 Philippines 16.4 + 21 4 Mexico 16.3 - 12 5 Japan 9.9 - 18 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