MD_DA771 Whey Protein Concentrate - Central and Western U.S. Report 11 - Released on March 16, 2023 Demand for whey protein concentrate 34% (WPC 34%) has been limited in recent weeks and stakeholders say spot sales continue to soften. Some brands of WPC 34% are in higher demand than others, though demands for these brands are also getting lighter. Spot purchasers say WPC 34% loads are plentiful and some are hearing offers for lower priced loads as sellers wish to lighten inventories. Contacts report lackluster demand has spurred some WPC 34% sellers to offer loads priced below low/medium heat nonfat dry milk. Some industry sources suggest recent shifts from production of higher whey protein concentrates towards WPC 34% is causing production to outpace demand. Lighter demand, growing inventories, and steady production of WPC 34% are contributing to bearish market sentiment, and lower prices across the range and mostly price series. 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: .9000 - 1.5650 Mostly Range - 34% Protein; $/LB: 1.1500 - 1.5250 Information for the period March 13 - 17, 2023, issued weekly Published by: Dairy Market News - Madison, WI ROMAN CARAMAN, 608-422-8593 Email: roman.caraman@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