MD_DA530

     Dry Whey - Central U.S.

     Report 29 - Released on July 18, 2019

     Midwestern dry whey prices noticeably declined at the top of the price range, while slightly
     dropping on the top of the mostly series.  Dry whey spot trading activity saw an increase in
     action this week from last week, but most market actors suggest spot trading is noticeably
     slow this summer. Buyers are holding out, content with current inventories and/or waiting
     out prices nearer to $.30. That said, some trading is taking place, but the preferred brand
     trades in the low $.40s were non-existent. Dry whey production is expected to slow down
     slightly, as some cheesemakers have curbed production slightly, as cheese stock needs are
     being met. Additionally, hot weather in the region is affecting farm milk output. Whey
     market tones are somewhat bearish. Trade concerns and the swine fever epidemic have added to
     domestic inventories. That said, producers are still finding buyers in the mid and sometimes
     upper $.30 range. Animal feed whey prices are unchanged. Contacts suggest more off-spec
     trading, likely due to more whey production generally, is occurring.
     Prices for: Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Dry Whey
     Price Range - Animal Feed; $/LB:                       .2400 - .2900


     Prices for: Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Dry Whey
     Price Range - Non-Hygroscopic; $/LB:                   .2900 - .3900
     Mostly Range - Non-Hygroscopic; $/LB:                  .3300 - .3725


     Information for the period July 15 - 19, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Janet Linder, 608 422 8588
     Email: Janet.Linder@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