MD_DA771 Whey Protein Concentrate - Central and Western U.S. Report 32 - Released on August 06, 2020 Whey protein concentrate 34% prices eased back at the top of the price range and both ends of the mostly price series. The abundance of inexpensive dairy proteins is putting a lot of pressure on WPC 34% prices. Some manufacturers say weakness in WPC 80% and WPI markets is prompting them to make more WPC 34% than the higher whey protein concentrations. Without improvements in those higher whey protein concentration markets, the pressures faced by WPC 34% will likely remain in place. Inventories and production are generally steady to higher, however highly sought out brands of WPC 34% are in shorter supply. Aside from WPC 34% that meets specific end user requirements and has consistently strong demand, buyer interest is lackadaisical. DAIRY MARKET NEWS MONTHLY AVERAGES The July 2020 Dairy Market News average of the mostly price series for Central and West whey protein concentrate 34% is $.8945, compared to $.9356 in June and $.9297 one year ago. Prices for: Central and Western U.S., All First Sales, F.O.B., Extra Grade, Conventional, and Edible Whey Protein Concentrate Price Range - 34% Protein; $/LB: .7100 - 1.0550 Mostly Range - 34% Protein; $/LB: .7350 - 1.0050 Information for the period August 3 - 7, 2020, issued weekly Secondary Sourced Information: DAIRY PRODUCTS REPORT – WHEY DERIVATIVES SUMMARY Released August 4, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Selected Whey Derivatives Production – United States Monthly Production (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Whey Protein Concentrate, human and animal 25.0-49.9 percent 13,628 13,882 13,689 0.4 -1.4 50.0-89.9 percent 25,888 25,833 25,794 -0.4 -0.2 Whey protein isolates, 90.0 percent or greater 10,564 10,675 10,258 -2.9 -3.9 Selected Whey Derivatives – Cumulative Production January - June Cumulative Production (1000 pounds) Percent Change from Product 2019 2020 2019 Whey Protein Concentrate, human and animal 1 25.0-49.9 percent 91,742 88,458 -3.6 50.0-89.9 percent 154,772 146,725 -5.2 Whey protein isolates, 90.0 percent or greater 1` 62,352 59,222 -5.0 1. Values are calculated from Dairy Products report data. Manufacturers' stocks end of month 2 End of month stocks (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Whey Protein Concentrate, human and animal 25.0-49.9 percent 21,375 25,983 25,891 21.1 -0.4 50.0-89.9 percent 35,916 41,853 42,174 17.4 0.8 Whey protein isolates, 90.0 percent or greater 18,571 16,476 15,612 -15.9 -5.2 2. Stocks held by manufacturers at all points and in transit. Published by: Dairy Market News - Madison, WI MIKE BANDLI, (608)422-8592 Email: mike.bandli@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