MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. September 10, 2015 (REPORT 36) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST Prices for whey protein concentrate 34% moved mostly lower. Spot market activity for WPC34% is stable. Production remains steady to lower as some manufacturers continue to shift production to whey powder or isolates. As an industry, WPC34% inventories are long. But some manufacturers report tight or committed stocks. The August 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.6473 compared to $0.7863 one month ago and $1.5549 one year ago. NASS reports U.S. production of human and animal WPC (25.0-49.9% protein) during July 2015 totaled 18.8 million pounds, 18.0% lower than one year ago. Cumulative production for 2015 totals 137.9 million pounds, 16.1% lower than 2014. Manufacturers' end-of-month stocks totaled 35.2 million pounds, 22.4% higher than one year ago. F.O.B. EXTRA GRADE 34% PROTEIN: .4600 - .7250 MOSTLY: .5400 - .5900 U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago July Total 16.4 - 29 TOTAL, JAN - JULY 120.5 - 15 1 China 39.3 - 30 2 Canada 22.5 + 5 3 Mexico 16.5 - 28 4 Indonesia 6.8 + 43 5 Japan 5.9 + 58 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