MD_DA560 Dry Whey - Eastern U.S. Report 18 - Released on May 06, 2021 In the East, dry whey pricing is steady to slightly higher on fairly moderate trading activities. Buyers’ demands are good for the near term. Some speculate if spot pricing has reached its peak. There are reports dry whey in the U.S. is priced higher than dry whey loads on various international markets. In the region, resellers have a few available loads for customers’ immediate needs. Manufacturers are working through active dry whey production schedules. Inventory levels are mostly in line with buyers’ demands at this time. The dry whey market undertone is stable this week. The April 2021 Dairy Market News monthly average for Northeast dry whey was $0.6228 compared to $0.5640 one month ago. 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: .6100 - .6700 Information for the period May 3 - 7, 2021, issued weekly Secondary Sourced Information: The April 2021 extra grade dry whey monthly average price, at the CME Group, is $0.6605 compared to $0.6027 the previous month. U.S. DRY WHEY EXPORTS. H.S. CODE 0404104000(FAS) 2021 Exports % Change From (Million Lb.) 1 Year Ago MARCH Total 52.7 + 38 TOTAL, JAN - MAR 133.8 + 32 1 China 70.1 +130 2 South Korea 7.8 +219 3 Indonesia 7.1 - 24 4 Mexico 6.7 - 19 5 Thailand 5.8 + 14 DAIRY PRODUCTS REPORT – WHEY SUMMARY Released May 4, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Dry Whey (Human) Production – States and United States Monthly Production (1000 pounds) Percent Change from MAR FEB MAR MAR FEB Region 2020 2021 2021 2020 2021 United States 82,082 74,245 82,896 1.0 11.7 Atlantic 21,543 21,229 22,557 4.7 6.3 Central 39,682 35,507 43,573 9.8 22.7 Wisconsin 25,703 25,992 33,198 29.2 27.7 West 20,857 17,509 16,766 -19.6 -4.2 Dry Whey – Cumulative Production January - March (1000 pounds) Percent Change from Dry Whey 2020 2021 2020 Total1 245,972 243,564 -1.0 Human2 240,798 240,029 -0.3 1. Excludes all modified dry whey products. 2. Values calculated from Dairy Products report data. Manufacturers' stocks end of month3 End of month stocks (1000 pounds) Percent Change from MAR FEB MAR MAR FEB Dry Whey 2020 2021 2021 2020 2021 Human 73,833 69,114 63,272 -14.3 -8.5 Animal 711 812 863 21.4 6.3 Total 74,544 69,926 64,135 -14.0 -8.3 3. Stocks held by manufacturers at all points and in transit. 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