MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. November 05, 2015 (REPORT 44) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST The whey protein concentrate 34% price range moved lower, while the mostly price series held steady this week. Although stocks of WPC34 tend to be heavy across the industry, a few processors have reduced inventories and are limiting their spot sale activity in favor of working on 2016 contracting. Buyers are making hand to mouth purchases, buying mostly for immediate needs. WPC34 production is steady to lower. The October 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.5333 compared to $0.5610 one month ago and $1.3358 one year ago. NASS reports U.S. production of human and animal WPC (25.0-49.9% protein) during September 2015 totaled 16.3 million pounds, 21.7% lower than one year ago. Cumulative year to date production for 2015 totals 172.1 million pounds, 17.1% lower than 2014. Manufacturers' end-of- month stocks totaled 34.4 million pounds, 35.6% higher than one year ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago September Total 28.8 + 94 TOTAL, JAN - SEPTEMBER 168.6 - 2 1 China 61.8 - 4 2 Canada 29.8 + 4 3 Mexico 21.9 - 20 4 Indonesia 9.3 + 40 5 Japan 7.2 + 32 F.O.B. EXTRA GRADE 34% PROTEIN: .4800 - .6600 MOSTLY: .4900 - .5800 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