Dry Whey - Northeast
USDA - Thu Dec 07, 1:22PM CST
MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  December 07, 2017 (REPORT 49)                          

DRY WHEY - NORTHEAST                                                 
                                                                     
Dry whey prices inched up on the bottom of the range, but shifted down on 
the top. Spot trades are steady to stagnate as many industry individuals 
have sufficient supplies and are willing to wait and see where the price 
goes. On the other hand, a large number of participants are purchasing 
regular loads each week off contracts. Production is steady and 
inventories are stable to building. The current tone is weak as the 
demand is steady to lackluster, but supplies are fairly available. 
The November 2017 Dairy Market News monthly average for Northeast dry whey 
was $0.3417 compared to $0.3828 one year ago. DAIRY PRODUCTS: According to 
NASS, October 2017 U.S. human food dry whey production totaled 79.1 
million pounds, 3.1 percent below a year ago and 11.7 less than the 
previous month. In the Atlantic region the production of human food dry 
whey for October 2017 totaled 20.3 million pounds, 2.5 percent less than 
a year ago and down 1.9 percent from last month.

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .3000 - .3800 

U.S. Dry Whey Exports. H.S. Code 0404104000(FAS)
                 2017 Exports      % Change From 
                 (Million Lb.)       1 Year Ago

October Total            42.4           - 3
 
TOTAL, JAN - OCT        381.0           + 11
 1 China                172.1           + 48
 2 Canada                35.3           - 2
 3 Mexico                26.7           - 14
 4 Philippines           25.2           + 5
 5 Japan                 23.5           + 15


1100CT jessica.mueller@ams.usda.gov (608)422-8589
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home