MD_DA530

     Dry Whey - Central U.S.

     Report 24 - Released on June 17, 2021

     Dry whey prices in the Central region moved up on the top of the range, while the mostly
     series expanded. Although dry whey supplies are noted as tight, there is growing sense of
     hesitation from end users/customers at the $.60 price point. Therefore, price movement
     forecasts have lost direction, whether up or down. Reported trades in the $.50s grew
     slightly, including on the CME cash market, but a majority of Midwestern purchases have
     maintained in the low $.60s. Cheese production is busy in the region. There is a lot of milk
     flowing into cheese vats at discounts, despite the higher temperatures in recent weeks.
     Still, export demand for high protein blends has kept production methods varied, with focus
     moving from sweet whey to whey protein concentrate 80% and whey protein isolate. Animal feed
     whey prices moved a penny lower on the top of the range. Animal feed whey trading is slower,
     due to the value of deproteinized whey currently. Dry whey market tones are quiet.
     Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey
     Price Range - Animal Feed; $/LB:                       .5000 - .5500


     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:                   .5500 - .6800
     Mostly Range - Non-Hygroscopic; $/LB:                  .6000 - .6400


     Information for the period June 14 - 18, 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