Tridge summary
Demand for high-protein whey protein concentrates (WPCs) is increasing, leading to a rise in prices for the entire whey complex. Despite declining exports, the consumption of whey powder in households has been consistently higher this year compared to 2022. Manufacturers are drying more high-protein WPC to meet demand, which could reduce whey powder production and rebalance the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
To continue reading the article, log in with your account or register on MilkPoint. Get access to exclusive content! After months of falling prices, it appears that demand for whey products is increasing, especially high-protein whey protein concentrates (WPCs). And this is helping to drive up prices for the entire whey complex. "To the surprise of many in the industry, whey powder rose to 42 cents per pound (99 cents per kilogram) in mid-November, which, given September fundamentals, seemed illogical," said Betty Berning , analyst for the Daily Dairy Report. "But whey powder stocks peaked at 40.1 million kilograms in August, a five-year high, and then declined slightly in September, suggesting demand may have increased." According to U.S. Department of Agriculture (USDA) data, household whey powder consumption has been ahead of 2022 usage in six of the first eight months of this year, and usage has increased ...
Source: Milkpoint
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