MD_DA560

     Dry Whey - Eastern U.S.

     Report 39 - Released on September 24, 2020

     Eastern whey powder prices inched back up on the top of the range on mixed trading activity.
     Several buyers are purchasing loads off weekly contracts. However, quite a few market
     participants are not purchasing on the spot market due to healthy inventory levels.  On the
     CME Group this week, spot prices moved higher. Dry whey market conditions are steady to
     firmer, with stronger spot pricing. Some manufacturers are receiving fewer milk loads for
     Class III production, allowing for less drying time and potentially pushing dry whey
     inventories down a bit. Industry contacts relay dry whey markets are fairly steady.

     Prices for: Eastern U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and
     Edible Dry Whey
     Price Range - Non-Hygroscopic; $/LB:                   .3000 - .3525


     Information for the period September 21 - 25, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     JESSICA MUELLER, 608-422-8589
     Email: jessica.mueller@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