MD_DA540

     Dry Whey - Western U.S.

     Report 13 - Released on March 28, 2019

     The price range for western whey expanded slightly, and the mostly price series held steady.
     A few manufacturers were able to move significant volumes of dry whey to multiple buyers
     within published price ranges. However, the market is still under pressure from lower priced
     trades on the CME and the reduced demand in some international markets. Chinese whey
     purchases for their pig feed industry have evaporated due to African swine fever. While the
     U.S. market has taken up some of the slack, inventories are building at some manufacturers.
     Some buyers are looking to the CME as a good place to pick up a few loads of inexpensive dry
     whey. Dry whey production in parts of the West is lower. A few processors are choosing to
     make higher whey protein concentrations instead of dry whey, and cheese production, and the
     resulting liquid whey produced, are lower in parts of the region.
     Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Dry Whey
     Price Range - Non-Hygroscopic; $/LB:                   .2575 - .4750
     Mostly Range - Non-Hygroscopic; $/LB:                  .3300 - .4375


     Information for the period March 25 - 29, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov/