MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  May 21, 2015 (REPORT 20)                               


DRY WHEY - NORTHEAST                                                 

Dry whey prices are lower due to declines in spot prices and various 
indices.  Dry whey production parallels regional heavy cheese output.  
Existing obligations are being delayed by some buyers with the availability 
of promising resale offers.  Spot transactions are light.  Export sales are 
sluggish, prompted by competitive international pricing.  The market 
undertone is weak.  The Foreign Agricultural Service (FAS), reports that 
March 2015 U.S. dry whey exports totaled 39.0 million pounds, a 24% decrease 
from a year ago.                                                                    

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .4000 - .4850


U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2015 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

March Total            39.0           - 24


TOTAL, JAN - MAR      100.1           - 26

 1 China               27.3           - 37
 2 Canada              11.9           - 9
 3 Mexico              10.8           - 24
 4 Philippines          9.7           + 73
 5 Korea, South         6.9           + 94

1100CT Daniel.Johnson@ams.usda.gov 608.557.7006
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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