MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  March 09, 2017 (REPORT 10)                             

DRY WHEY - NORTHEAST                                                 

Prices for dry whey adjusted marginally lower at the bottom of the range. 
Spot availability continues to be limited. Loads are clearing to contracts 
on time, although some inventories appear to be tight. With the current 
disparity between dry whey and nonfat dry milk prices, on a per unit of 
protein basis, market participants are unsure of near term market trends.   
Inquiries are active ahead of ice cream season. Dry whey export demand is 
sluggish. The market undertone is steady, but with some uncertainty. The 
February 2017 Dairy Market News monthly average for Northeast dry whey 
was $0.4896 compared to $0.2569 one year ago. DAIRY PRODUCTS: According 
to NASS, January 2017 U.S. human food dry whey production totaled 79.8 
million pounds, 0.8% less than a year ago, but 4.0% more than the 
previous month. The Atlantic region's production of human food dry whey 
in January 2017 totaled 22.3 million pounds, 4.7% more than a year ago 
and 8.4% more than last month. 

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .4300 - .5400

1100CT daniel.johnson@ams.usda.gov (608)422.8605
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

1100CT Jessica.Mueller@ams.usda.gov (608)422.8589
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