MD_DA540 Dry Whey - Western U.S. Report 32 - Released on August 06, 2020 F.O.B. prices for western dry whey have declined this week after bouncing up last week. They are trending down at the top of the range and at the bottom of the mostly series. This is partly because dry whey supplies outweigh current orders. With rising market uncertainties, buyers are cautious when making purchase decisions. Dry whey inventories are steady and available to meet all buying requests. Production is active and mainly unchanged from a week ago. The DMN monthly average of the mostly price series for West dry whey during July was $.3495 compared to $.3517 one month ago and $.3436 a year ago. Prices for: Western U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .2850 - .3800 Mostly Range - Non-Hygroscopic; $/LB: .3200 - .3700 Information for the period August 3 - 7, 2020, issued weekly Secondary Sourced Information: The Extra Grade Dry Whey price at the CME Group on Wednesday closed at $.3200, compared to the weekly average price of $.3420 from last week. The CME Group monthly average price for dry whey during July was $.3253, compared to $.3181 a month ago and $.3338 a year ago. DAIRY PRODUCTS REPORT � WHEY DERIVATIVES SUMMARY Released August 4, 2020, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Selected Whey Derivatives Production � United States Monthly Production (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Whey Protein Concentrate, human and animal 25.0-49.9 percent 13,628 13,882 13,689 0.4 -1.4 50.0-89.9 percent 25,888 25,833 25,794 -0.4 -0.2 Whey protein isolates, 90.0 percent or greater 10,564 10,675 10,258 -2.9 -3.9 Lactose, human and animal 108,551 94,059 101,076 -6.9 7.5 Selected Whey Derivatives � Cumulative Production January - June Cumulative Production (1000 pounds) Percent Change from Product 2019 2020 2019 Whey Protein Concentrate, human and animal 1 25.0-49.9 percent 91,742 88,458 -3.6 50.0-89.9 percent 154,772 146,725 -5.2 Whey protein isolates, 90.0 percent or greater 1` 62,352 59,222 -5.0 Lactose, human and animal 651,550 559,047 -14.2 1. Values are calculated from Dairy Products report data. Manufacturers' stocks end of month 2 End of month stocks (1000 pounds) Percent Change from June May June June May Product 2019 2020 2020 2019 2020 Whey Protein Concentrate, human and animal 25.0-49.9 percent 21,375 25,983 25,891 21.1 -0.4 50.0-89.9 percent 35,916 41,853 42,174 17.4 0.8 Whey protein isolates, 90.0 percent or greater 18,571 16,476 15,612 -15.9 -5.2 Lactose, human and animal 117,096 98,314 95,690 -18.3 -2.7 2. Stocks held by manufacturers at all points and in transit. Published by: Dairy Market News - Madison, WI FLORENCE KONE-GONZALEZ, (608)422-8594 Email: florence.konegonzalez@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