Whey Protein Concentrate - Central and West

     Whey Protein Concentrate - Central and Western U.S.

     Report 44 - Released on October 29, 2020

     Whey protein concentrate 34% prices moved higher at the bottom of the price range and mostly
     price series. Some lower prices from the previous weeks were not present, and spot market
     activity stalled out this week. Market participants seem to want clearer market signals
     before engaging in new transactions. Industry contacts say higher whey protein concentration
     prices have strengthened, suggesting WPC 34% prices may follow suit. However, nonfat dry
     milk prices have cooled, indicating the opposite effect may be true. In either case,
     contacts report WPC 34% inventories are tight. A few manufacturers are adjusting production
     schedules up or down to manage inventories across the whey protein complex. WPC 34% is
     moving well through current contracts. End users say whether because of committed supplies
     or processors focusing on other protein products, WPC 34% offers from manufacturers are
     limited. Some buyers are making regular inquiries, especially for favorite brands. The
     market tone for WPC 34% is subdued.

     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:                       .8200 - 1.0400
     Mostly Range - 34% Protein; $/LB:                      .8400 - .9400

     Information for the period October 26 - 30, 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