MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  May 05, 2016 (REPORT 18)                               

DRY WHEY - NORTHEAST                                                 

A few spot sales occurred to drive the bottom end of the Northeastern 
dry whey price range significantly lower. These transactions were an 
effort to clear inventories. Other industry contacts, however, say 
prices have generally settled in at a narrow range of prices. Demand is 
light outside of regular contracts. A few processors say regular 
customers are taking an occasional extra load, but most processors and 
resellers are looking for ways to move more whey and control 
inventories. Stocks are building. Dry whey production is steady and 
active. The April 2016 Dairy Market News monthly average for Northeast dry 
whey was $0.2505 compared to $0.4666 one year ago.

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .1700 - .2750 

U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

March Total              23.8           - 39

TOTAL, JAN - MAR         82.9           - 17
1 China                  19.1           - 30
2 Canada                 11.7           -  1
3 Mexico                  8.5           - 21
4 Japan                   6.4           + 11
5 Philippines             6.3           - 35


1100CT Mike.Bandli@ams.usda.gov (608) 557-7010
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