# Record Whey Prices Reflect Strong Global Protein Demand

> CME dry whey prices reached their highest level since trading began in 2018 in October, according to the National Milk Producers Federation. August dry whey exports set an all-time record, with Southeast Asian purchases up 94% and exports to Canada nearly quadrupling, while domestic use declined as whey was directed to protein concentrates.

- Date: 2026-11-03 · published 2026-11-03T21:09:12.551Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/78399-record-whey-prices-reflect-strong-global-protein-demand
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Record export pull and tight supply support US whey values, while high prices may eventually curb demand from budget-constrained consumers and buyers of whey protein concentrates. Whey strength also supports the value of milk solids.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2016-08-02 | [Strong increase in dairy prices at latest Global Dairy Trade auction - Agriland.ie](https://feedsoft.ai/events/6036-strong-increase-in-dairy-prices-at-latest-global-dairy-trade-auction-agriland-ie.md) | +12.3% | +10.9% |
| MILK | 2016-08-02 | [Dairy product prices jump as global milk output eases \| BusinessDesk](https://feedsoft.ai/events/6032-dairy-product-prices-jump-as-global-milk-output-eases-businessdesk.md) | +12.3% | +10.9% |
| MILK | 2025-01-01 | [US dairy exports are approaching record levels due to consumer demand for dairy products in Mexico](https://feedsoft.ai/events/6085-us-dairy-exports-are-approaching-record-levels-due-to-consumer-demand-for-dairy.md) | +8.9% | +8.8% |
| MILK | 2026-02-28 | [Record dairy exports in December - Dairy Star](https://feedsoft.ai/events/4600-record-dairy-exports-in-december-dairy-star.md) | +9.6% | +8.1% |
| MILK | 2026-05-15 | [Protein Demand, Exports Drive Upturn in Milk Markets \| Dairy News \| lancasterfarming.com](https://feedsoft.ai/events/19419-protein-demand-exports-drive-upturn-in-milk-markets-dairy-news-lancasterfarming.md) | -0.2% | -5.7% |

## Sources

- allagnews.com: https://www.allagnews.com/record-whey-prices-reflect-strong-global-protein-demand/

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