MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  February 04, 2016 (REPORT 5)                              

WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST                             

Whey protein concentrate 34% prices are mixed this week. While a number of 
spot sales pushed the top end of the mostly price series higher, a few other 
sales pulled the bottom of the range price series lower. Some market 
participants report there are wide variations of characteristics of WPC34% 
produced by different manufacturers. A few buyers are willing to pay more for 
WPC34% that meets specific product criteria. Some processors say inventories 
are tight and not building. Manufacturers report brokers are actively 
searching for WPC34%. There is also an active resale market. Production is 
steady. Q1 production appears to be moving well, however a few processors are 
concerned that as the spring flush begins and heavier milk volumes are 
processed in cheese vats, the resulting whey volumes will place a strain on 
the whole whey protein complex. The January 2016 Dairy Market News average of 
the mostly price series for Central and West whey protein concentrate 34% was 
$0.5445 compared to $0.5300 one month ago and $1.1727 one year ago. NASS 
reports U.S. production of WPC (25.0-49.9% protein) during December 2015 
totaled 16.1 million pounds, 33.6% lower than one year ago. Cumulative year 
to date production for 2015 totals 220.3 million pounds, 21.6% lower than 
2014. Manufacturers' end-of-month stocks totaled 25.9 million pounds, 20.9% 
lower than one year ago, but 5.5% more than one month ago. 

F.O.B. EXTRA GRADE 34% PROTEIN:  .4700 - .6800  MOSTLY:  .5300 - .6100  


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