MD_DA530

     Dry Whey - Central U.S.

     Report 4 - Released on January 26, 2023

     The top of the dry whey price range and the mostly series shifted lower, as the $.32 low
     point on the range remains intact. Animal feed whey prices shifted lower on both ends, as
     feed end users are in the driver's seat of that market, with plentiful alternatives and no
     shortage of offers of aging whey loads. Market contacts are aware of the current
     bearishness, but what is in question is how long it will last and to what extent in regards
     to price pressure. As domestic and international demand remains quiet, a plentiful amount of
     milk moving into Class III outlets has dry whey inventories lengthening. Additionally, high
     protein blends are notably bearish, and this continues to shift production into sweet whey
     powder, as well. Both buyers and sellers are awaiting market activity indicators following
     the Lunar New Year.
     Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey
     Price Range - Animal Feed; $/LB:                       .2600 - .3000


     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:                   .3200 - .4000
     Mostly Range - Non-Hygroscopic; $/LB:                  .3400 - .3800


     Information for the period January 23 - 27, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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