# Dairy Market Update September 2021 | MCT Dairies, Inc.

> CME whey futures had forecast prices falling below 50 cents per pound this fall, but spot whey prices stayed firm and futures pushed the expected decline to next spring. WPC-80 prices are reportedly near $4.50/lb, well above last year, driven by strong demand for high-protein whey products.

- Date: 2021-09-29 · published 2021-09-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/4634-dairy-market-update-september-2021-mct-dairies-inc
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firm whey prices support dairy processing margins and the value of milk solids, which supports milk prices. Futures now expect strength to last longer, so buyers should not assume a near-term drop in dairy byproduct costs.

## Read by commodity

- MILK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2021-09-29 | 1 | +8.1% | 10.0 | Spot whey stayed firm and futures pushed the expected whey decline out to spring, with WPC-80 near $4.50/lb, which supports Class III component values and the futures rally. |
| MILK | 2021-09-28 | 1 | +8.1% | 10.7 | Spot whey prices stayed firm and futures pushed the expected whey decline out to spring, raising the Class III component value and supporting futures. |

## Sources

- mctdairies.com: https://www.mctdairies.com/dairy-markets-september-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.