MD_DA560 DA MD DA560 Dry Whey - Northeast MADISON, WI. February 09, 2017 (REPORT 6) DRY WHEY - NORTHEAST The Northeast whey price range contracted this week. A few industry contacts note mixed demand and a pullback on the top end prices. Manufacturers report domestic buyers are still showing a good amount of interest, but export markets are mixed. Inventories are comfortable to tight and in pretty good balance with current demand. A few manufacturers have some whey available for immediate shipments. The market tone remains steady, but some industry contacts expressed a little unease over the direction the market may take in the next few months. DAIRY PRODUCTS: According to NASS, December 2016 U.S. human food dry whey production totaled 78.1 million pounds, 13.3% less than a year ago, but 10.8% more than the previous month. The Atlantic region's production of human food dry whey in December 2016 totaled 21.9 million pounds, 1.6% less than a year ago, but 4.4% more than last month. The January 2017 Dairy Market News monthly average for Northeast dry whey was $0.4519 compared to $0.2572 one year ago. F.O.B. NORTHEAST: EXTRA GRADE AND GRADE A: .4450 - .5300 U.S. Dry Whey Exports. H.S. Code 0404104000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago December Total 41.7 + 48 TOTAL, JAN - DEC 422.8 + 7 1 China 152.1 + 50 2 Canada 41.9 - 1 3 Mexico 39.6 - 13 4 Vietnam 30.9 + 74 5 Philippines 27.9 - 10 1100CT mike.bandli@ams.usda.gov (608)422-8592 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