MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. August 11, 2016 (REPORT 32) WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST F.O.B. EXTRA GRADE 34% PROTEIN: .5750 - .8200 MOSTLY: .6650 - .7575 Prices for WPC 34% are steady to higher on the top end of the range price series this week. Buyers seeking specific brand and specification WPC 34% are willing to pay market overages for spot loads. However, spot loads meeting these buyers' needs are increasingly hard to come by. WPC 34% production is active this week. Some manufacturers are choosing to produce WPC 34% in lieu of sweet whey powder based on where current buyer interest lies. Inventories are mixed. Several manufacturers report little to no spot market availability and tight inventories. Some manufacturers with inventories are choosing not to offer any loads on the spot market due to contractual needs and anticipated growth in demand from buyers in the near future. The market undertone is firming. According to the NASS Dairy Products report U.S. production of WPC (25.0-49.9% protein) during June 2016 totaled 15.2 million pounds, 24.6% lower than one year ago. Year to date total WPC production through June is 225.8 million pounds, 9.7% less than a year ago. Manufacturers' end-of-month stocks for WPC (25.0-49.9% protein) totaled 20.9 million pounds, 39.8% lower than one year ago, and 1.3% less than May 2016. U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago June Total 34.5 + 99 TOTAL, JAN - JUN 147.9 + 41 1 China 66.9 + 97 2 Mexico 18.5 + 30 3 Canada 16.9 - 15 4 Malaysia 9.0 + 414 5 Indonesia 7.0 + 17 1100CT Amy.L.Schmitz@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