MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West    * UPDATED      

MADISON, WI.  May 12, 2016 (REPORT 19)                                  

WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST                         

The whey protein concentrate 34% price range is unchanged this week, while 
prices on the mostly price series shifted slightly higher. Industry contacts 
report there is better demand for higher protein concentrations and this may 
be creating a pull on WPC34% for certain applications. WPC34% used in infant 
formulas, for example, is commanding a premium price for specific mineral 
profiles or brands desired. A few manufacturers in this market tier have 
tight inventories and are getting inquiries for Q3 shipment dates. Whey 
protein concentrate 34% used in other applications is more readily available 
and prices are typically at the lower end of the price range. Production is 
steady. A few manufacturers are scheduling work on their facilities for 
midsummer. According to the NASS Dairy Products report U.S. production of WPC 
(25.0-49.9% protein) during March 2016 totaled 15.8 million pounds, 16.2% 
lower than one year ago. Year to date WPC34% production through March is 46.3 
million pounds, 17.6%* less than a year ago. Manufacturers' end-of-month 
stocks totaled 55.3 million pounds, 70.6% higher than one year ago, and 23.1% 
more than February 2016. 

F.O.B. EXTRA GRADE 34% PROTEIN:  .5600 - .7300  MOSTLY:  .5675 - .6575  


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
across the industry.