MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  February 09, 2017 (REPORT 6)                              

WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST                         

Prices for whey protein concentrate 34% moved mostly higher, but the 
top end of the price range held steady. Industry contacts report a 
number of resales and unfilled bids above published prices. Many 
contacts suggest WPC 34% is hard to find. Buyers seem willing to 
snatch up almost any WPC34% that becomes available. Manufacturers 
report strong demand and a steady stream of inquiries. Feeders often 
try not to reformulate mixes, but the limited supply of WPC34% and 
overages are pushing some feed customers to NDM and other protein 
sources. WPC34% production is steady to lower as some manufacturers 
have shifted out of WPC34% to higher protein concentrations. The 
December 2016 Dairy Market News average of the mostly price series for 
Central and West whey protein concentrate 34% was $0.9318 compared to 
$0.8608 one month ago and $0.5445 one year ago. According to the NASS 
Dairy Products report U.S. production of WPC (25.0-49.9% protein) 
during December 2016 totaled 14.5 million pounds, 17.5% lower than one 
year ago, and 8.6% lower than November. Year to date total WPC (25.0-
49.9% protein) production through December is 177.5 million pounds, 
19.2% less than January through December one year ago. Manufacturers' 
end-of-month stocks for WPC (25.0-49.9% protein) totaled 19.2 million 
pounds, 27.7% lower than one year ago, and 1.0% less than November 
2016.

F.O.B. EXTRA GRADE 34% PROTEIN:  .8700 - 1.1300  MOSTLY:  .9275 - 1.0650

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

December Total           26.2          + 42 

TOTAL, JAN - DEC        311.7          + 36
 1 China                155.4          + 78
 2 Mexico                39.1          + 29
 3 Canada                33.1          - 14
 4 Malaysia              18.8          + 217
 5 Indonesia             10.0          - 16

1100CT Mike.Bandli@ams.usda.gov 608.422.8592
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