MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 16 - Released on April 16, 2020

     Prices for whey protein concentrate 34% moved lower at the bottom of the price range and top
     of the mostly price series. Market conditions are mixed. Some manufacturers report tight
     supplies and end users looking to add volumes to their contracted shipments. Demand for WPC
     34% that meets infant formula requirements is especially active. However, WPC 34% that is
     more easily substituted by other dairy proteins is running into a headwind created by low
     nonfat dry milk prices and weak demand resulting from the COVID-19 pandemic. Supplies are
     more readily available for these brands. WPC34% production is lower as manufacturers try to
     adjust processing schedules throughout the whey protein complex to best suit consumer
     demand.


     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 - 1.1900
     Mostly Range - 34% Protein; $/LB:                      .9300 - 1.0875


     Information for the period April 13 - 17, 2020, issued weekly

     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