MD_DA771 DA MD DA771 Whey Protein Concentrate - Central and West MADISON, WI. November 10, 2016 (REPORT 45) WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST Whey protein concentrate 34% prices were mostly steady, but a small number of loads were sold at the top end of the price range. Specialty, low spore and highly sought brands continue to be in very short supply and command higher prices. There is some availability of WPC34% that does not meet the tight specifications of some markets and are interchangeable with other protein sources. These manufacturers are also seeing an increase of end users and traders looking to buy up available loads of WPC34%. Production is steady, but less than in previous years as more manufacturers prefer to make higher concentrations whey proteins. The October 2016 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% was $0.7706 compared to $0.7305 one month ago and $0.5333 one year ago. According to the NASS Dairy Products report U.S. production of WPC (25.0-49.9% protein) during September 2016 totaled 13.3 million pounds, 19.0% lower than one year ago. Year to date total WPC (25.0-49.9% protein) production through September is 132.5 million pounds, 21.7% less than January through September one year ago. Manufacturers' end-of-month stocks for WPC (25.0-49.9% protein) totaled 17.3 million pounds, 49.8% lower than one year ago, and 16.7% less than August 2016. F.O.B. EXTRA GRADE 34% PROTEIN: .6400 - .9850 MOSTLY: .7300 - .8300 U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago September Total 28.2 - 3 TOTAL, JAN - SEP 230.7 + 36 1 China 104.6 + 66 2 Mexico 31.4 + 43 3 Canada 26.7 - 10 4 Malaysia 14.6 + 608 5 Indonesia 8.9 - 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