MD_DA530

     Dry Whey - Central U.S.

     Report 38 - Released on September 23, 2021

     Dry whey prices increased across the range and on the bottom of the mostly series. Demand is
     not overwhelming, but production has been met with some forks in the road. Milk is not as
     available as it was throughout most of the year after school district orders came on strong
     in 2021. Additionally, high-protein markets, such as WPC 80% and whey protein isolates, are
     very strong. Therefore, production is being pulled away from sweet whey production into
     those blends. Freight/port issues in the West are a potential bearish factor, though.
     Producers say inventories could bottleneck at the port, keeping Western region inventories
     in domestic markets, which may reverberate east. Right now, though, there is a slight uplift
     in short-term market tones. Animal feed whey market tones are less uplifted, though. As feed
     options like deproteinized whey and permeate drop in price, feed whey demand has slackened.
     Prices, though, held steady on quiet trading.
     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:                       .3800 - .4200


     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:                   .4500 - .5500
     Mostly Range - Non-Hygroscopic; $/LB:                  .5000 - .5200


     Information for the period September 20 - 24, 2021, 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