MD_DA771                                                                
DA                                                                      
MD DA771 Whey Protein Concentrate  - Central and West                   

MADISON, WI.  September 04, 2008 (REPORT 36)                            

WHEY PROTEIN CONCENTRATE - CENTRAL AND WEST                             
                                                                        
Whey protein concentrate 34% prices adjusted lower and the market tone 
is somewhat mixed.  Recent price levels have reportedly encouraged some 
sale finalizations and more manufacturers than previously are terming 
inventories as in balance or comfortable.  Various feed manufacturers 
note they have received fewer offers of off specification product.  
Demand for WPC 34% produced from uncolored cheese is steady.  Bleached 
product from colored cheese has somewhat lighter demand.  Heat stable 
WPC 34%, which generally carries a price premium above the edible range, 
is reportedly shipping to the Far East.  Edible Canadian product is 
reportedly moving into the East region at prices comparable to domestic 
product.  Various end users report they are considering taking positions 
on WPC 34% to carry them through the end of the year and/or beyond as 
the possible remaining downside on WPC 34% prices are viewed as minimal.  
Feed manufacturers are reporting sales as both steady and slow.  Sales 
into beef and veal operations are reported as uneven as some livestock 
operations are choosing to thoroughly clean up feed on hand before 
reordering.  Sales to dairy milk replacer end users are reported as 
fairly steady.  The August 2008 monthly average price for the mostly 
series was $0.5217 compared to $1.5838 in August 2007.  

F.O.B. EXTRA GRADE 34% PROTEIN:  .3900 - .5400  MOSTLY:  .4100 - .4800  

1100 CT janet.linder@usda.gov   608.250.3207