Dry Whey - West

     Dry Whey - Western U.S.

     Report 8 - Released on February 21, 2019

     Western whey prices held steady this week. While some manufacturers report strong demand,
     others say buyer interest is quiet. Some industry contacts suggest that as market prices
     have fallen, inquiries from some domestic and international shoppers have picked up. Buyers
     are mostly searching out availability and prices for the next few months. Shoppers have been
     price sensitive and are, in some cases, unwilling to pay above published indices. Whey
     inventories are tight for some brands, but generally available. Some contacts expect stocks
     to grow a bit as a few manufacturers opt to make dry whey instead of whey permeate.
     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:                   .2900 - .5300
     Mostly Range - Non-Hygroscopic; $/LB:                  .4000 - .4700

     Information for the period February 18 - 22, 2019, issued weekly

     Secondary Sourced Information:

     CME Close
     The Extra Grade Dry Whey price at the CME Group on Wednesday closed at $.3600, compared to
     the weekly average price of $.3455 from last week.
     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@ams.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 (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home