MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. August 06, 2015 (REPORT 31) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST The market for whey protein concentrate 34% is weak. Prices for WPC34% moved lower as some manufacturers took the opportunity to clear inventories prior to the end of the fiscal year. Generally ample supplies exist. Buyers recognize this and are willing to wait on lower prices. In some cases, however, products with characteristics desirable to specific end users are in tighter supply. Production is mixed with some manufacturers shifting production to WPC34% from higher levels. The July 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.7863 compared to $0.8620 one month ago and $1.6089 one year ago. NASS reports U.S. production of human and animal WPC (25.0-49.9% Protein) during June 2015 totaled 19.2 million pounds, 19.5% lower than one year ago. Cumulative production for 2015 totals 118.4 million pounds, 16.3% lower than 2014. Manufacturers' end-of-month stocks totaled 34.8 million pounds, 25.9% higher than one year ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago June Total 17.3 + 8 TOTAL, JAN - JUNE 104.2 - 12 1 China 33.2 - 27 2 Canada 19.9 + 13 3 Mexico 14.2 - 30 4 Indonesia 5.9 + 64 5 Philippines 5.1 + 84 F.O.B. EXTRA GRADE 34% PROTEIN: .4375 - .8000 MOSTLY: .6500 - .7600 1100CT mike.bandli@ams.usda.gov 608.557.7010 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