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The CME spot dry whey price climbed to 48 cents per pound, the highest since late February, after hitting a low of 36 cents in April. Strong domestic demand for high-protein whey products has pulled whey into WPC and WPI production, while whey powder output has slowed recently.
Higher whey prices lift Class III milk value, supporting dairy prices. Lower-protein whey powder used in animal feed may tighten as processors shift streams into higher-value protein products.
dairyherd.comFran HowardJun 19, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
