MD_DA530

     Dry Whey - Central U.S.

     Report 40 - Released on October 06, 2022

     Dry whey prices moved lower at every facet excepting the bottom of the range, which shifted
     up a few cents. Contacts say current trading has found a "comfort zone" in the low $.40s.
     Producers remain hesitant about offering below the $.45 mark, but end users remain aware of
     the limited amounts of whey moving through export channels from processing plants both
     within the region and in the West. Recent hurdles regarding production seem to have been at
     least somewhat alleviated, as more milk is moving into Class III channels and some at
     discounts this week. Dry whey supplies are not overwhelming, but demand is subdued. Some end
     users who have stayed relatively sidelined in recent weeks/months say they will be more
     active on the market in coming weeks. Feed whey prices dropped to $.32 on the bottom of the
     range. Dry whey market tones are wavering or sideways.

     The DMN monthly average of the mostly price series for Central dry whey during September was
     $.4515, compared to $.4520 in August. The monthly average of the range price series for
     Central animal feed whey during September was $.3664, compared to $.3863 in August.
     Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey
     Price Range - Animal Feed; $/LB:                       .3200 - .3600


     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:                   .4025 - .4700
     Mostly Range - Non-Hygroscopic; $/LB:                  .4300 - .4500


     Information for the period October 3 - 7, 2022, issued weekly

     Secondary Sourced Information:

     The CME Group monthly average price for Extra Grade Whey during September was $.4564,
     compared to $.4504 in August.
     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