MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 48 - Released on December 01, 2022

     Spot market activity for whey protein concentrate 34% is largely quiet. A few spot sales
     pulled the bottom of the mostly price series lower. WPC 34% that is interchangeable with
     other dairy proteins is under price pressures. Industry contacts note prices for nonfat dry
     milk, whey protein concentrate 80% and whey protein isolate have been trending lower. This
     creates a challenge for WPC 34% manufacturers to compete on a price per unit protein basis.
     Some traders say they are also seeing more competition from European WPC 34% in
     international markets. That said, WPC 34% that meets higher value use requirements, such as
     infant formula, is still seeing steady demand within domestic and international markets.
     Manufacturers that make these preferred brands report they are able to maintain firm prices.
     Inventories for WPC 34% are tight, and production is steady.


     Prices for: Central and Western U.S., All First Sales, F.O.B., Extra Grade, Conventional,
     and Edible Whey Protein Concentrate
     Price Range - 34% Protein; $/LB:                       1.4500 - 1.9925
     Mostly Range - 34% Protein; $/LB:                      1.6500 - 1.9150


     Information for the period November 28 -  December 2, 2022, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@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