MD_DA530

     Dry Whey - Central 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_1045.pdf


     Dry whey prices continued in a bullish, yet gradual, trend this week. Markets are firming.
     Slighter milk supplies, notably bullish high-protein concentrates markets and active
     domestic demand are three headliners in the recently firming whey market main event.
     Cheesemakers are still reporting spot milk at above-Class pricing, and some continue to say
     milk offers are non-existent. A shift into WPC 80% and whey protein isolates manufacturing,
     among other high-protein varieties, has contacts saying dry whey prices will likely be
     bolstered through the rest of the quarter. Some contacts expect spot prices to be in the
     $.40+/lb range by the end of Q4, if not sooner. Animal feed whey prices got a boost on the
     top of the range. As dairy carbohydrate markets have, according to contacts, bottomed out
     and are beginning to correct; feed end users have become less hesitant to add loads to their
     inventories.
     Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey
     Price Range - Animal Feed; $/LB:                       .2300 - .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:                   .2800 - .3500
     Mostly Range - Non-Hygroscopic; $/LB:                  .3100 - .3300


     Information for the period October 9 - 13, 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