MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  June 04, 2015 (REPORT 22)                                 

WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST                             
                                                                        
Whey protein concentrate prices are lower reflecting a weaker market.  
Buyer interest is stronger for the human food market than animal feed, 
but weakness is evident in both.  Current cheese production is 
contributing to steady 34% production in many plants.  Some 
manufacturers are feeling motivated to reduce pricing to make spot 
market sales.  Inventories vary, resulting in holders of higher than 
desired inventories discussing lower contract pricing in Q3, while 
others with more balanced inventories are maintaining current pricing.  
The May 2015 Dairy Market News average of the mostly price series for 
Central and West whey protein concentrate 34% was $0.9103 compared to 
$1.7530 one year ago.  

DAIRY PRODUCTS:  NASS reports U.S. production of HUMAN AND ANIMAL WPC 
(25.0-49.9% PROTEIN) during April 2015 totaled 19.4 million pounds, 
21.5% lower than one year ago.  Cumulative production for 2015 totals 
79.5 million pounds, 14.8% lower than 2014.  Manufacturers' end-of-
month stocks totaled 31.3 million pounds, 34.1% higher than one year 
ago.  

F.O.B. EXTRA GRADE 34% PROTEIN:  .7650 - 1.0000  MOSTLY:  .8000 - .9600

1100CT eric.graf@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