MD_DA560                                                             
DA                                                                   
MD DA560 Dry Whey - Northeast                                        

MADISON, WI.  May 23, 2013 (REPORT 21)                               

DRY WHEY - NORTHEAST                                                 
                                                                     
Dry whey prices marginally declined again this week in the face of 
production increases going into the holiday weekend.  Triggering dry whey 
production expansion is the increased supply of manufacturing milk going to 
cheese plants.  Current production is adding to most manufacturers' 
inventories.  Domestic demand remains sluggish as most buyers are purchasing 
for immediate needs only, preferring to have a clearer picture of market, 
prior to expanding inventories.  Most sellers are comfortable with their 
inventory levels, believing demand will increase following the Memorial Day 
holiday.  Some manufacturers have been able to manage their inventories via 
large volume export sales.  Spot sale and resale prices are under current 
contract levels, giving the market a weak undertone.  

F.O.B. NORTHEAST:           EXTRA GRADE AND GRADE A:   .5400 - .6100 

1100C rick.whipp@ams.usda.gov