MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 7 - Released on February 13, 2020


     Whey protein concentrate 34% prices moved higher across the price range and at the top of
     the mostly price series. Industry contacts suggest there is room for some optimism within
     the whey protein complex. Prices are a little better than where they have been, and demand
     is solid. However, the recent cooling of the nonfat dry milk market has given some market
     participants pause. WPC 34% that is interchangeable with other protein sources is available,
     and there is only so far that manufacturers can push for higher prices, especially if some
     of the competing protein sources are seeing weakening prices. WPC 34% that meets strict end
     user requirements is in tight supply and high demand. Production of WPC 34% is steady
     overall, but mixed on an individual manufacturer basis. Some processors are making more and
     some less, depending on contractual obligations and facility economics.


     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:                       .9000 - 1.1725
     Mostly Range - 34% Protein; $/LB:                      .9500 - 1.0800


     Information for the period February 10 - 14, 2020, issued weekly

     Secondary Sourced Information:


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

     DECEMBER Total          24.6          + 63

     TOTAL, JAN-DEC         274.2          - 17
      1 China                80.0          - 39
      2 Mexico               77.8          + 19
      3 Canada               24.0          - 30
      4 Philippines          21.9          + 42
      5 Singapore            14.4          + 108




     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