MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. July 09, 2015 (REPORT 27) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST General weakness persists in the whey protein concentrate 34% market. Demand is limited. Prices moved lower for whey protein concentrate 34% and industry contacts suggest the same is happening throughout the entire whey complex. Some manufacturers note, in order to move product, the price may need to be lower. Production is steady. Inventories remain long. The June 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.8620 compared to $1.6612 one year ago. NASS reports U.S. production of HUMAN AND ANIMAL WPC (25.0-49.9% PROTEIN) during May 2015 totaled 20.8 million pounds, 14.4% lower than one year ago. Cumulative production for 2015 totals 101.3 million pounds, 13.9% lower than 2014. Manufacturers' end-of-month stocks totaled 33.7 million pounds, 39.0% higher than one year ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago May Total 20.9 + 10 TOTAL, JAN - MAY 86.8 - 15 1 China 27.0 - 33 2 Canada 16.0 + 6 3 Mexico 12.5 - 30 4 Indonesia 5.1 + 52 5 Japan 3.9 + 58 F.O.B. EXTRA GRADE 34% PROTEIN: .7100 - .9450 MOSTLY: .7500 - .9000 1100CT mike.bandli@ams.usda.gov 608.557.7010 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