MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  June 22, 2017 (REPORT 25)                              

DRY WHEY - NORTHEAST 
                                                                             
Dry whey prices moved lower at the bottom of the range, but higher at 
the top on f.o.b. spot market transactions. Some buyers are jumping at 
the opportunity to get the quality of product they need at prices being 
offered, reflecting this week's gain. However, dry whey markets, in 
general, have a weak undertone as the majority of cash transactions 
point to declines. Output rates are ongoing, at active levels, due to 
the heavy cheese production. Hence, market sources suggest a mixture of 
inventories from adequate to ample. Volumes moving to designated foreign 
channels are good and support inventory management. Domestically, spot 
purchases are primarily hand-to-mouth, as domestic buyer interest ranges 
from moderate to relaxed. 

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .3900 - .5325

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