MD_DA560

     Dry Whey - Eastern U.S.

     Report 17 - Released on April 25, 2019

     Eastern whey powder spot sale prices are steady to a bit higher. Some market participants'
     index pricing increased this week. At this time, trading activity is slower on various
     market exchanges. Many spot loads are trading around the mid to high $.30s currently.
     Domestic demand is steady to lower. Ice cream production is seasonally improving, yet many
     buyers are waiting to see where prices head before making transactions. Dry whey production
     is stable and stocks are balanced to growing. Manufacturers report weekly contracts are
     receiving the majority of supplies. Some market participants report seeing additional offers
     on the spot market. However, many operations are adequate with their current contracts and
     are not purchasing on the spot market. Market conditions are steady to unsettled.
     Prices for: Eastern U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Dry Whey
     Price Range - Non-Hygroscopic; $/LB:                   .3400 - .4375


     Information for the period April 22 - 26, 2019, issued weekly

     Secondary Sourced Information:

     U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)

                        2019 Exports     % Change From
                        (Million Lb.)      1 Year Ago

     FEBRUARY Total           26.4           - 38

     TOTAL, JAN-FEB           58.2           - 33
     1 China                  19.5           - 41
     2 Vietnam                 5.9           + 39
     3 Japan                   5.7           - 24
     4 Mexico                  4.9           - 29
     5 Philippines             4.1           - 27
     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@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/