05/02/2019
With 2019 prices for whey headed upward once again, it is time to look at what those 1.5 billion pounds of whey products a year produced by U.S. manufacturers are worth today and tomorrow!
According to the April 29, 2019 Hoard's Dairyman Intel, the U.S. is the largest whey producer of whey in the world. With cheese consumption increasing steadily, the volume of whey increases exponentially! Currently, the Class III contribution to your milk check is approaching $2.00/hundredweight. For those looking to whey as an ingredient, (bakeries, nutritional supplements) it's time to plan long-term buys to secure a key component. While the market in recent years has been somewhat turbulent, it is now posed to make a growing contribution to revenues.
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