MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  December 08, 2016 (REPORT 49)                             

WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST                         

Prices for whey protein concentrate 34% moved higher at the bottom of the price 
range and significantly higher at the top of the mostly price series. Industry 
contacts report many buyers are having difficulties acquiring enough WPC34% to 
fully meet end user needs. Numerous manufacturers and brokers say they continue to 
get inquiries from buyers they do not know because the shoppers are searching far 
and wide for available sources. Processor inventories are already becoming 
committed well into 2017. Production is generally not able to keep pace with the 
steady demand. Resales are often at prices above the reported price series. A few 
manufacturers that make WPC34% that is interchangeable with other protein sources 
have more in their inventories and are running into weaker demand and stiffer price 
pressures. The November 2016 Dairy Market News average of the mostly price series 
for Central and West whey protein concentrate 34% was $0.7961 compared to $0.7706 
one month ago and $0.5313 one year ago. According to the NASS Dairy Products report 
U.S. production of WPC (25.0-49.9% protein) during October 2016 totaled 14.2 
million pounds, 16.0% lower than one year ago. Year to date total WPC (25.0-49.9% 
protein) production through October is 147.1 million pounds, 20.9% less than 
January through October one year ago. Manufacturers' end-of-month stocks for WPC 
(25.0-49.9% protein) totaled 18.0 million pounds, 32.7% lower than one year ago, 
but 2.2% more than September 2016.


F.O.B. EXTRA GRADE 34% PROTEIN:  .7100 - .9850  MOSTLY:  .7800 - .9000  


U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS)
                 2016 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

October Total            26.7          + 20 

TOTAL, JAN - OCT        257.3          + 34
 1 China                121.3          + 66
 2 Mexico                34.1          + 34
 3 Canada                28.6          - 13
 4 Malaysia              16.0          + 359
 5 Indonesia              9.4          - 7


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