MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 6 - Released on February 06, 2020

     Whey protein concentrate 34% prices are steady, but moved up at the bottom of the mostly
     price series. Some sellers say they can push for slightly higher prices without too much
     pushback from end users. WPC 34% supplies are available. However, a lot of the current
     production is filling contractual orders. In addition, stocks are tighter for certain brands
     and WPC 34% that meets infant formula requirements. Manufacturers suggest demand is strong
     and spot sales are active. WPC 34% production is steady.

     DAIRY MARKET NEWS Monthly Averages
     The January 2020 Dairy Market News average of the mostly price series for Central and West
     whey protein concentrate 34% is $1.0017, compared to $0.9854 in December and $.8929 one
     year ago.
     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:                       .8500 - 1.1650
     Mostly Range - 34% Protein; $/LB:                      .9500 - 1.0725


     Information for the period February 3 - 7, 2020, issued weekly

     Secondary Sourced Information:

     Released February 4, 2020, by the National Agricultural Statistics Service (NASS),
     Agricultural Statistics Board, United States Department of Agriculture (USDA).

     Selected Whey Derivatives Production – United States
                      Monthly Production (1000 pounds)   Percent Change from
                               Dec        Nov        Dec       Dec      Nov
     Product                  2018       2019       2019      2018     2019
     Whey Protein Concentrate, human and animal
       25.0-49.9 percent    18,345     14,212     16,021     -12.7     12.7
       50.0-89.9 percent    25,377     26,274     26,731       5.3      1.7
     Whey protein isolates, 90.0 percent or greater
                            11,007      8,986      9,099     -17.3      1.3

     Selected Whey Derivatives – Cumulative Production January - December
                    Cumulative Production (1000 pounds)  Percent Change from
     Product                  2018       2019                 2018
     Whey Protein Concentrate, human and animal 1
       25.0-49.9 percent   199,397    182,184                 -8.6
       50.0-89.9 percent   314,574    307,158                 -2.4
     Whey protein isolates, 90.0 percent or greater 1
                           121,541    117,773                 -3.1
     1. Values are calculated from Dairy Products report data.

     Manufacturers' stocks end of month 2
                      End of month stocks (1000 pounds)  Percent Change from
                               Dec        Nov        Dec       Dec      Nov
     Product                  2018       2019       2019      2018     2019
     Whey Protein Concentrate, human and animal
       25.0-49.9 percent    25,149     24,528     26,536       5.5      8.2
       50.0-89.9 percent    39,931     43,435     41,099       2.9     -5.4
     Whey protein isolates, 90.0 percent or greater
                            23,947     17,543     16,722     -30.2     -4.7
     2. Stocks held by manufacturers at all points and in transit.

     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