MD_DA771

     Whey Protein Concentrate - Central and Western U.S.

     Report 39 - Released on September 28, 2023

     Prices for whey protein concentrate 34 % (WPC 34%) moved up at the bottom of the range,
     while the top moved lower. Both ends of the WPC 34% mostly price series shifted higher this
     week. Contacts report interest in WPC 34% has been building in recent weeks as some spot
     purchasers are comfortable with securing extra loads of WPC 34% at current prices. Increased
     demand for WPC 34% in recent weeks has reduced some strain on warehouse inventories.
     Stakeholders say loads of WPC 34% remain available, though inventories of some preferred
     brands are tightening. Contacts report WPC 34% production is steady, but somewhat limited.
     Some plant managers say bullish markets for higher whey protein concentrates have caused
     them to focus their production on these commodities, reducing their production of WPC 34%.
     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 - .9700
     Mostly Range - 34% Protein; $/LB:                      .7800 - .9050


     Information for the period September 25 - 29, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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