MD_DA540 Dry Whey - Western U.S. Report 13 - Released on March 30, 2023 In the West, the bottom ends of the range and mostly prices series moved lower. Stakeholders continue reporting higher to balanced inventories. Additional loads are available for contract sales, but stakeholders note lighter interest for contract volume past Q2 thus far. Spot markets kept moderate activity. Market tones have not pulled away from a slightly bearish outlook. The dry whey price on the CME decreased by less than 1 cent for the second week in a row, since March 15, to $0.4425. Overall, export demand from Mexico and Asian countries remains steady to light, despite industry sources indicating February was less active compared to January. Current prices and inventory levels for high protein whey concentrates keep some stakeholders shifting production schedules into dry whey. Plenty of liquid whey is available for drying from cheesemakers running strong to steady production schedules. Dry whey production is steady. Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .3950 - .4850 Mostly Range - Non-Hygroscopic; $/LB: .4100 - .4600 Information for the period March 27 - 31, 2023, issued weekly Published by: Dairy Market News - Madison, WI Andrew Mattheis, 608-422-8590 Email: andrew.mattheis@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