Whey Protein Concentrate - Central and West
USDA - Thu Feb 07, 10:38AM CST
MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 6 - Released on February 07, 2019

     Whey protein concentrate 34% prices are unchanged, aside from the bottom of the range moving
     lower. While the market tone for infant formula WPC34% and favorite brands remains firm, the
     timbre for more interchangeable brands of WPC34% is hardly mettlesome, in fact, the market
     is sluggish, and prices have softened somewhat. WPC34% production is steady, and
     manufacturer stock volumes are inversely related to the demand for the brand. The more
     popular the WPC34% brand, the lower the availability. Less favored brands are generally
     available.

     DAIRY MARKET NEWS Monthly Averages
     The January 2019 Dairy Market News average of the mostly price series for Central and West
     whey protein concentrate 34% was $0.8929, compared to $0.8851 one month ago and $0.7268 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:                       .7600 - 1.0575
     Mostly Range - 34% Protein; $/LB:                      .8350 - .9625

     Information for the period February 4 - 8, 2019, issued weekly

     Secondary Sourced Information:

     NASS Dairy Products Report - Whey Derivatives Summary
     Released February 4, 2019, 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
                             Nov.       Oct.       Nov.       Nov.     Oct.
     Product                 2017       2018       2018       2017     2018
     Whey Protein Concentrate, human and animal
       25.0-49.9 percent   15,083     16,163     14,442       -4.2    -10.6
       50.0-89.9 percent   25,468     26,727     24,948       -2.0     -6.7
     Whey protein isolates, 90.0 percent or greater
                            8,885     11,173      9,749        9.7    -12.7

     Selected Whey Derivatives � Cumulative Production January - November
                         Cumulative Production    Percent Change
                              (1000 pounds)        from
     Product                 2017       2018       2017
     Whey Protein Concentrate, human and animal 1
       25.0-49.9 percent  164,831    167,099        1.4
       50.0-89.9 percent  277,531    289,208        4.2
     Whey protein isolates, 90.0 percent or greater 1
                          107,001    107,942        0.9
     1. Values are calculated from Dairy Products report data.

     Manufacturers' stocks end of month 2
                     End of month stocks (1000 pounds)  Percent Change from
                             Nov.       Oct.       Nov.       Nov.     Oct.
     Product                 2017       2018       2018       2017    2018
     Whey Protein Concentrate, human and animal
       25.0-49.9 percent   24,004     19,842     21,400      -10.8     7.9
       50.0-89.9 percent   57,550     39,316     38,978      -32.3    -0.9
     Whey protein isolates, 90.0 percent or greater
                           27,998     23,610     24,562      -12.3     4.0
     2. Stocks held by manufacturers at all points and in transit.


     FAS WPC 34% Export Table
     U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS)
                      2018 Exports      % Change From
                      (Million Lb.)       1 Year Ago

     NOVEMBER Total          21.5          - 29

     TOTAL, JAN � NOV       319.1          + 10
      1 China               126.7          + 7
      2 Mexico               60.9          + 14
      3 Canada               31.5          - 6
      4 Philippines          14.0          - 3
      5 Hong Kong            13.6          + 3,198

     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 (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home