MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 17 - Released on April 25, 2019

     Whey protein concentrate 34% prices expanded the range, but the mostly price series remains
     unmoved. Market prices seemingly are stuck in a rut between the two tiers. In the top market
     tier, WPC34% that meets infant formula requirements or is a favored brand has relatively
     strong demand, tight inventories and can command premium prices. But WPC34% that is more
     interchangeable with other protein sources has yet to gain any traction. Demand and prices
     for these brands of WPC34% are stagnant and availability is higher. Industry contacts are
     hoping recent price movements for nonfat dry milk and strength in the higher protein
     concentrations will translate into propitious market conditions for WPC34%. 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:                       .7200 - 1.0625
     Mostly Range - 34% Protein; $/LB:                      .8300 - .9750


     Information for the period April 22 - 26, 2019, issued weekly

     Secondary Sourced Information:

     FAS WPC 34% Export Table
     U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS)
                      2019 Exports      % Change From
                      (Million Lb.)       1 Year Ago

     FEBRUARY Total          18.2          - 31

     TOTAL, JAN-FEB          33.1          - 45
      1 Mexico               10.6          + 22
      2 Canada                5.1          - 12
      3 China                 5.1          - 82
      4 Philippines           3.2          + 22
      5 Indonesia             2.2          -  2
     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/