MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  January 08, 2015 (REPORT 1)                               

WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST                             
                                                                        
Spot market activity for whey protein concentrate 34% picked up this week 
as some buyers were able to secure supplies at discounted prices. New 
contracts are mostly weaker in pricing and overall committed volumes are 
significantly reduced. Some buyers choose not to renew contracts, while a 
few are waiting until second quarter to negotiate. Resellers noted 
difficulty in moving WPC 34%. Production is outpacing supplies for some 
suppliers. A few manufacturers have shifted from WPC 80% to WPC 34% 
production. International demand is moderate. Buyer interest is light from 
those who blend other dairy proteins in place of WPC 34%. For high-tier 
product, interest is moderate. The market tone is weak. The DMN monthly 
average of the mostly price series for Central and West WPC extra grade 
34% protein during December was $1.2326, compared to $1.6908 a year ago. 
The NASS Dairy Products Report noted U.S. total WPC production for 
November was 44.9 million pounds, down 3.4% from last month, but 3.9% 
higher than a year ago. January - November U.S. total WPC production 
totals 492.0 million pounds, 9.1% ahead of the same time span in 2013. 
U.S. total WPC month ending stocks for November was 61.0 million pounds, 
4.4% higher than a month ago and 24.3% higher than last year. 
 
F.O.B. EXTRA GRADE 34% PROTEIN: 1.0000 - 1.3650  MOSTLY: 1.0800 - 1.3150

                                                                    
1100CT Ryan.Studnicka@ams.usda.gov  608-278-4155
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home