MD_DA530 Dry Whey - Central U.S. Report 14 - Released on April 08, 2021 Central region dry whey prices moved higher on the bottom of the range and on the bottom of the mostly series. With the dry whey pull into Southeast Asia continuing uninterrupted, dry whey remains singularly tight. Even with cheese production upticks due to strength in food service demand, end users suggest offers have simply dissipated into thin air. Brokers and producers say domestic demand is present, but there are fewer and fewer loads available for offer. End users continue to work with what they receive and await a potential downturn. Animal feed whey trading, which was busy last week, slowed down this week and prices are unchanged. Dry whey market tones are resolutely bullish. The DMN monthly average of the mostly price series for Central dry whey during March was $.5827, compared to $.5128 in February. The monthly average of the range price series for Central animal feed whey during March was $.4752, compared to $.3913 in February. Prices for: Central U.S., All First Sales, F.O.B., Conventional, and Non-Edible Dry Whey Price Range - Animal Feed; $/LB: .5000 - .5700 Prices for: Central U.S., All First Sales, F.O.B., Extra Grade & Grade A, Conventional, and Edible Dry Whey Price Range - Non-Hygroscopic; $/LB: .5700 - .6300 Mostly Range - Non-Hygroscopic; $/LB: .6000 - .6200 Information for the period April 5 - 9, 2021, issued weekly Secondary Sourced Information: The CME Group monthly average price for Extra Grade Whey during March was $.6027, compared to $.5426 in February. DAIRY PRODUCTS REPORT � WHEY SUMMARY Released April 1, 2021, by the National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA). Dry Whey (Human) Production � States and United States Monthly Production (1000 pounds) Percent Change from FEB JAN FEB FEB JAN Region 2020 2021 2021 2020 2021 United States 75,006 82,888 75,943 1.2 -8.4 Atlantic 19,902 22,100 21,229 6.7 -3.9 Central 35,855 38,667 36,811 2.7 -4.8 Wisconsin 23,274 27,899 27,296 17.3 -2.2 West 19,249 22,121 17,903 -7.0 -19.1 Dry Whey � Cumulative Production January - February (1000 pounds) Percent Change from Dry Whey 2020 2021 2020 Total1 160,762 161,013 0.2 Human2 157,666 158,831 0.7 1. Excludes all modified dry whey products. 2. Values calculated from Dairy Products report data. Manufacturers' stocks end of month3 End of month stocks (1000 pounds) Percent Change from FEB JAN FEB FEB JAN Dry Whey 2020 2021 2021 2020 2021 Human 73,739 66,668 69,535 -5.7 4.3 Animal 766 680 844 10.2 24.1 Total 74,505 67,348 70,379 -5.5 4.5 3. Stocks held by manufacturers at all points and in transit. Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@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