MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 11 - Released on March 14, 2019

     Whey protein concentrate 34% prices moved lower at the bottom of the range, but otherwise
     held steady. Demand varies widely across the industry. While some manufacturers report
     buyers are eager to assure coverage, others suggest interest from end users to be waning.
     The degree of interest from buyers seems directly related to the strength of the brand of
     WPC34% being considered. Inventories range from tight to available also depending on the
     brand. While some manufacturers are opting to make more higher protein concentrations in
     lieu of WPC34%, production of WPC34% is generally 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:                       .7300 - 1.0600
     Mostly Range - 34% Protein; $/LB:                      .8300 - .9750


     Information for the period March 11 - 15, 2019, issued weekly

     Secondary Sourced Information:

     U.S. WPC < 80% Exports, H.S. Code 0404100500(FAS)
                      2018 Exports      % Change From
                      (Million Lb.)       1 Year Ago

     DECEMBER Total          15.1          - 53

     TOTAL, JAN ± DEC       334.2          + 4
      1 China               131.0          - 2
      2 Mexico               65.1          + 13
      3 Canada               34.0          - 6
      4 Philippines          15.7          - 3
      5 Hong Kong            13.6          + 589
     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 (My Market News): https://mymarketnews.ams.usda.gov/