Whey Protein Concentrate - Central and West

     Whey Protein Concentrate - Central and Western U.S.

     Report 24 - Released on June 14, 2018

     Whey protein concentrate prices are steady to higher. While the bottom of the price range
     and mostly price series are unchanged, the top of each series stepped up. Demand for some
     WPC34% has eased along the same lines as other proteins. Some end users are taking a wait
     and see approach to market signals. However, a few other processors suggest demand is solid,
     especially for favored brands and for WPC34% that meets infant formula requirements.
     Manufacturers say they have regular inquiries from buyers looking for more loads. They are
     quick to point out that not all proteins can substitute well for WPC34% or vice versa.
     Production is steady, but a few processors suggest they may shift some production focus away
     from higher whey protein concentrations to WPC34% for the next few months. Inventories
     remain low, especially for the brands that are highly sought out by end users.
     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 - .9550
     Mostly Range - 34% Protein; $/LB:                      .7500 - .8400

     Information for the period June 11 - 15, 2018, issued weekly

     Secondary Sourced Information:

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

     April Total             43.6          + 87

     TOTAL, JAN - APR       140.8          + 36
      1 China                68.8          + 33
      2 Mexico               21.3          + 52
      3 Canada               10.5          - 1
      4 Philippines           5.9          - 5
      5 Indonesia             5.6          + 69
     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: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home