MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. January 07, 2016 (REPORT 1) WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST Whey protein concentrate 34% prices are mostly steady this week. However, the bottom end of the range price series moved higher after several lower priced sales cleared in the last couple weeks of 2015. Manufacturers' inventories are generally committed, or at least comfortable, prompting a few processors to push prices on monthly agreements toward the upper end of the range price series. The market tone remains unsettled. A few processors say demand has been good and they are receiving regular inquiries from buyers, while other sellers say there has been limited interest from buyers. Spot market activity has yet to pick up after the winter holidays. The December 2015 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.5300 compared to $0.5313 one month ago and $1.2326 one year ago. NASS reports U.S. production of WPC (25.0-49.9% protein) during November 2015 totaled 15.3 million pounds, 37.3% lower than one year ago. Cumulative year to date production for 2015 totals 203.5 million pounds, 20.8% lower than 2014. Manufacturers' end-of-month stocks totaled 29.6 million pounds, 2.5% higher than one year ago, but 6.2% less than one month ago. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2015 Exports % Change From (Million Lb.) 1 Year Ago November Total 17.2 +14 TOTAL, JAN - NOV 207.9 + 2 1 China 78.7 + 6 2 Canada 35.6 + 3 3 Mexico 27.9 - 14 4 Indonesia 10.2 + 23 5 Philippines 8.1 + 46 F.O.B. EXTRA GRADE 34% PROTEIN: .4900 - .6800 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