MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. October 08, 2015 (REPORT 40) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST Whey protein concentrate 34% prices moved down on the top of both the range and mostly price series. Low price offers across the whey protein complex are putting pressure on WPC34% prices. The market tone remains weak. Demand for WPC34 is light, but a few manufacturers report some long-term agreements are being sought by end users. Production is steady to lower. The September 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.5610 compared to $0.6473 one month ago and $1.4355 one year ago. NASS reports U.S. production of human and animal WPC (25.0-49.9% protein) during August 2015 totaled 17.6 million pounds, 21.0% lower than one year ago. Cumulative year to date production for 2015 totals 155.6 million pounds, 16.6% lower than 2014. Manufacturers' end- of-month stocks totaled 36.0 million pounds, 37.4% higher than one year ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago August Total 19.3 +22 TOTAL, JAN - AUGUST 139.8 - 11 1 China 46.8 - 22 2 Canada 25.5 + 1 3 Mexico 18.8 - 25 4 Indonesia 8.6 + 54 5 Japan 6.6 + 44 F.O.B. EXTRA GRADE 34% PROTEIN: .4600 - .6900 MOSTLY: .4900 - .5700 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