MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. December 10, 2015 (REPORT 49) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST Prices for whey protein concentrate 34% were mostly steady this week, but a few spot sales nudged the bottom of the range price series lower. Manufacturers report they have been able to clear some WPC34% stocks. A few processors say their inventories of WPC34% have tightened to the point of not having any product available for spot sales. Buyer inquiries have picked up. Buyers seem interested in getting a few Q1 orders in place prior to the holidays. Production is steady to lower. The November 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.5313 compared to $0.5333 one month ago and $1.2751 one year ago. NASS reports U.S. production of WPC (25.0-49.9% protein) during October 2015 totaled 16.5 million pounds, 33.6% lower than one year ago. Cumulative year to date production for 2015 totals 188.5 million pounds, 18.9% lower than 2014. Manufacturers' end-of-month stocks totaled 31.5 million pounds, 9.0% higher than one year ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago October Total 22.1 + 33 TOTAL, JAN - OCT 190.7 + 1 1 China 71.6 + 3 2 Canada 32.9 + 4 3 Mexico 25.4 - 15 4 Indonesia 10.1 + 36 5 Philippines 7.6 + 50 F.O.B. EXTRA GRADE 34% PROTEIN: .4500 - .6500 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