MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  April 06, 2017 (REPORT 14)                 ** UPDATED **

WHEY PROTEIN CONCENTRATE 34% - CENTRAL AND WEST                         

Whey protein concentrate 34% prices edged only slightly back at the 
top of the mostly prices series, but otherwise held steady. 
Manufactures and traders report prices across the full range in a 
split market. Demand is strong in infant formula and sports nutrition 
markets and steady within food markets. However, WPC34% demand is weak 
for edible WPC34% used for feed and other interchangeable protein 
uses. Inventories are tight, but a few manufacturers suggest there is 
a little more availability of WPC34%. Some processors say they are 
making a little more WPC34% right now due to adjustments in 
manufacturing schedules. The **March 2017 Dairy Market News average of 
the mostly price series for Central and West whey protein concentrate 
34% was $0.9681 compared to $0.9905 one month ago and $0.5852 one year 
ago. According to the NASS Dairy Products report U.S. production of 
WPC (25.0-49.9% protein) during February 2017 totaled 13.6 million 
pounds, 12.0% lower than one year ago, and 9.1% lower than January. 
Year to date total WPC (25.0-49.9% protein) production through 
February is 28.6 million pounds, 6.2% less than January through 
February one year ago. Manufacturers' end-of-month stocks for WPC 
(25.0-49.9% protein) totaled 21.7 million pounds, 25.9% lower than one 
year ago, and 0.2% less than January 2017.

F.O.B. EXTRA GRADE 34% PROTEIN:  .7300 - 1.2350  MOSTLY:  .8500 - 1.0550

U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS)
                  2017 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

February Total          25.9          + 35 

TOTAL, JAN - FEB        55.3          + 43
 1 China                27.3          + 82
 2 Mexico                6.7          + 53
 3 Canada                5.8          + 24
 4 Philippines           2.8          + 190
 5 Taiwan                2.3          + 1,061

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