MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. April 09, 2015 (REPORT 14) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST Prices on the whey protein concentrate 34% range are lower and higher. The mostly series is unchanged to lower. Some market participants note the current market weakness is limited in scope as several manufacturers report limited availability of f.o.b. spot loads. However, producers relying heavily on feed formulators to clear their edible WPC 34% continue to run into competition from off spec NDM and various higher protein content WPCs. Whey protein concentrate 34% production is steady at some locations, but lower at others where liquid whey is clearing instead into dry whey. Inventories are variable. The March 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $1.0031 compared to $1.7694 one year ago. DAIRY PRODUCTS: NASS reports U.S. production of HUMAN AND ANIMAL WPC (25.0-49.9% PROTEIN) during February 2015 totaled 16.6 million pounds, 26.6% lower than one year ago. Cumulative production for 2015 totals 40.6 million pounds, 17.5% lower than 2014. Manufacturers' end-of- month stocks totaled 30.5 million pounds, 44.8% higher than one year ago. F.O.B. EXTRA GRADE 34% PROTEIN: .8500 - 1.1300 MOSTLY: .8800 - 1.0300 U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago February Total 14.9 - 26 TOTAL, JAN - FEB 28.1 - 23 1 China 5.8 - 56 2 Canada 5.4 + 4 3 Mexico 5.1 - 21 4 Indonesia 2.2 + 89 5 Japan 2.1 + 80 1100CT Janet.Linder@ams.usda.gov (608)557-7003 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: www.marketnews.usda.gov/portal/da