MD_DA560 DA MD DA560 Dry Whey - Northeast MADISON, WI. September 10, 2015 (REPORT 36) DRY WHEY - NORTHEAST Dry whey prices are steady to lower at the top of the range due to downward movements in pricing indices. Surplus milk was made available to a few cheese plants over the Labor Day holiday weekend, which facilitated increased whey production. Moderate demand is clearing inventory and leaving most manufacturers comfortable with holdings. Ice cream and baking interest is active. Spot market trading is light in the region. Some buyers delayed dry whey pickups in waiting for lower price opportunities. The August 2015 Dairy Market News monthly average for Northeast dry whey was $0.3123 compared to $0.7043 one year ago. The Foreign Agricultural Service (FAS), reports January-July 2015 U.S. dry whey exports totaled 258.5 million pounds, an 18% drop from the previous year. DAIRY PRODUCTS: According to NASS, U.S. production of human food dry whey in July 2015 totaled 79.7 million pounds, 9.6% more than a year ago, but 4.9% less than the previous month. Month ending stocks of human food dry whey totaled 73.3 million pounds, 16.2% more than a year ago, but 1.9% less than the previous month. In the Atlantic region, July 2015 production of human food dry whey totaled 21.4 million pounds, 0.7% less than a year ago and 6% less than last month. Cumulative national dry whey production through July totals 562.9 million pounds, 9.5% more than a year ago. F.O.B. NORTHEAST: EXTRA GRADE AND GRADE A: .2000 - .3050 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago July Total 36.5 - 8 TOTAL, JAN - JULY 258.5 - 18 1 China 77.4 - 24 2 Mexico 27.6 - 32 3 Canada 26.8 + 5 4 Philippines 21.4 + 44 5 Malaysia 16.5 - 5 1100CT Daniel.Johnson@ams.usda.gov 608.557.7006 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- ghome