Dry Whey - Northeast
USDA - Thu Nov 09, 10:57AM CST
MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  November 9, 2017 (REPORT 45)                          

DRY WHEY - NORTHEAST                                                 
                                                                     
Prices for dry whey in the Northeast are steady on the bottom but slid 
down on the top of the range price series this week. Trading activity 
and demand are moderate to decreased. Spot prices are lower and industry 
contacts are watching to see where the price goes, however other 
contacts are buying regular spot loads for customer requests. Dry whey 
production is fairly steady and inventories are steady to lower as 
supplies are adequate for contract needs, but some inventories are 
limited to spot load requests. The market tone is steady to unsettled as 
the demand has fluctuated with weekly price changes. The October 2017 
Dairy Market News monthly average for Northeast dry whey was $0.3607 
compared to $0.3554 one year ago.

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .2900 - .3975 


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

September Total          40.5           + 25
 
TOTAL, JAN - SEP        338.7           + 13
 1 China                155.5           + 56
 2 Canada                33.0           - 1
 3 Philippines           24.3           + 21
 4 Mexico                23.5           - 16
 5 Japan                 21.0           + 16


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