MD_DA540                                                         
DA                                                               
MD DA540 Dry Whey - West                                         

MADISON, WI.  September 14, 2017 (REPORT 37)                     

DRY WHEY - WEST   

Dry whey prices in the West moved lower at the top of the range and the 
bottom of the mostly price series. Prices are currently weaker and market 
activities are lower. Some contacts report that increased western whey 
production resulted when some manufacturers switched from WPC to sweet 
whey. However, demand is still not keeping up with current production. 
There is a lot of competition in the market and processors are working 
hard to find a home for their dry whey. International demand is weak, but 
domestic demand is price dependent. Contracted volumes are moving as 
planned. Dry whey is readily available for purchase in the spot market. 
The market undertone is unsettled.

NONHYGROSCOPIC:    .3350 - .4500   MOSTLY:    .3500 - .4100      
                                               
U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2017 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

July Total               37.6           + 2
 
TOTAL, JAN - JULY       258.0           + 16
 1 China                126.0           + 89
 2 Canada                27.6            ... 
 3 Philippines           19.7           + 25
 4 Mexico                17.3           - 18
 5 Japan                 13.0           - 7

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