Dry Whey - Central
USDA - Thu Jan 10, 10:36AM CST
MD_DA530

     Dry Whey - Central U.S.

     Report 2 - Released on January 10, 2019

     Dry whey, like most powder markets in the region saw higher prices this week. After some
     time off, both buyers and sellers reported a higher amount of offers and bids. Although
     prices firmed, some end users suggest they are in a comfortable place regarding inventories
     and plan to wait out current market bullishness, which they expect to be short-term. Other
     contacts have a more long-term bullish outlook, pointing to multiple Midwestern drying
     facilities either closed on temporary or permanent bases in 2018 and into this year. Animal
     feed whey prices are unchanged, as contacts report offers/bids remain quiet. Generally, whey
     markets are still quieter than other powders, and tones are mixed.

     The DMN monthly average of the mostly price series for Central dry whey during December was
     $0.4550, unchanged from November. The monthly average of the range price series for Central
     animal feed whey during December was $0.3275, compared to $0.3263 in November.
     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:                       .3000 - .3550


     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:                   .3800 - .5500
     Mostly Range - Non-Hygroscopic; $/LB:                  .4400 - .5000


     Information for the period January 7 - 11, 2019, issued weekly

     Secondary Sourced Information:

     The CME Group monthly average price for Extra Grade Whey during December was $0.4595,
     compared to $0.4331 in November.
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home