After hitting a low of 36 cents on April 12 and April 15, the whey powder market has picked up. The CME spot dry whey price has climbed to 48 cents per pound, the highest price since late February.
“Domestic demand for high-protein whey products has given a sizable boost to dairy protein values, and processors have directed much of the whey stream into high-protein concentrates,” said Sarina Sharp, analyst with the Daily Dairy Report.
By FRAN HOWARD
June 19, 2024
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