MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 41 - Released on October 12, 2023

NOTICE: After October 16, 2023, all information found on this report will transition to a new PDF format. 
The same data will be collected and disseminated through AMS Marketing Analysis and Reporting 
Services (MARS) platform. The new pdf report can be accessed on the AMS website at:
https://www.ams.usda.gov/mnreports/ams_1053.pdf


     The tops of the whey protein concentrate 34% (WPC 34%) price range and mostly price series
     held steady, while the bottoms of each moved higher this week. Spot purchasers say WPC 34%
     remains a good value compared to other alternative protein sources, and this is encouraging
     them to secure additional spot loads. Furthermore, some animal feed purchasers are steadily
     purchasing loads of WPC 34% as they remain comfortable with current prices. Inventories of
     WPC 34% are growing tighter, though purchasers report loads are still obtainable on the spot
     market. Drying operations are focusing their schedules on higher whey protein concentrates,
     keeping WPC 34% production somewhat limited. Plant managers say recent bullish market tones
     for these higher whey protein concentrates have caused them to shift their production
     towards those commodities in recent weeks.
     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:                       .7400 - .9800
     Mostly Range - 34% Protein; $/LB:                      .8200 - .9100


     Information for the period October 9 - 13, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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 (My Market News): https://mymarketnews.ams.usda.gov