MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. October 06, 2016 (REPORT 40) WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST Prices for whey protein concentrate 34% are steady to slightly higher. Limited availability and high demand for desired brands and WPC34% with specific mineral content required for certain markets continue to push prices for some WPC34% higher. Inventories are tight and buyers are looking for available loads. However, some manufacturers note weaker demand and price pressures from other protein sources for WPC34% not meeting certain market buyer requirements. Production is steady, but some manufacturers continue to shift production focus to higher protein concentrations in lieu of WPC 34%. The September 2016 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.7305 compared to $0.7151 one month ago and $0.5610 one year ago. According to the NASS Dairy Products report U.S. production of WPC (25.0-49.9% protein) during August 2016 totaled 13.5 million pounds, 22.4% lower than one year ago. Year to date total WPC 34% production through August is 119.4 million pounds, 21.8% less than January through August one year ago. Manufacturers' end-of-month stocks for WPC (25.0-49.9% protein) totaled 20.7 million pounds, 43.0% lower than one year ago, and 1.2% less than July 2016. F.O.B. EXTRA GRADE 34% PROTEIN: .6100 - .8750 MOSTLY: .6800 - .8050 U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago August Total 28.2 + 45 TOTAL, JAN - AUG 202.4 + 44 1 China 94.0 + 97 2 Mexico 25.9 + 37 3 Canada 22.8 - 10 4 Malaysia 12.5 + 569 5 Indonesia 8.2 - 4 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