MD_DA560 DA MD DA560 Dry Whey - Northeast MADISON, WI. October 06, 2016 (REPORT 40) DRY WHEY - NORTHEAST Dry whey prices continue to trend upwards as f.o.b. spot sales adjusted the market. Active cheese output augments dry whey production. Current inventories, at best, are adequate for filling near term contractual customer accounts. Transactions in spot markets are limited and hand-to-mouth, with premiums usually attached. The current dry whey market undertone is firm. The September 2016 Dairy Market News monthly average for Northeast dry whey was $0.3218, compared to $0.2496 the previous year. The Foreign Agricultural Service (FAS), reports that August 2016 U.S. dry whey exports totaled 45.1 million pounds, increasing 47% from a year ago. DAIRY PRODUCTS: According to NASS, August 2016 U.S. human food dry whey production totaled 73.3 million pounds, 10.3% less than a year ago and 8.5% less than the previous month. The Atlantic region's production of human food dry whey in August 2016 totaled 19.2 million pounds, 13.7% less than a year ago and 6.4% less than last month. F.O.B. NORTHEAST: EXTRA GRADE AND GRADE A: .3200 - .3700 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago August Total 45.1 + 47 TOTAL, JAN - AUG 266.0 - 8 1 China 86.8 + 7 2 Canada 30.9 + 2 3 Mexico 25.1 - 21 4 Vietnam 20.8 + 64 5 Philippines 17.9 - 27 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-home