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World: WPC and SMP Prices

This page compares prices recorded for Skimmed Milk Powder (SMP) in Germany, Oceania and the US with prices recorded for Whey Protein Concentrate Powder (WPC containing 34% dried protein) in the US (Central and West) over a given time period.

WPC (Whey Protein Concentrate) powder comes from concentration of the whey protein content via a membrane separation process (Ultrafiltration - UF).

We have highlighted the comparison between SMP and WPC because Whey Protein Concentrate Powder (WPC-34%) is frequently used in both the food (e.g. ice-cream) and livestock (e.g. calf feed) sector to partially replace skimmed milk powder (SMP).

Comparison of the respective prices can offer a key interpretation of the trends reported. We should also remember that price trends for Whey Protein Concentrate Powder (WPC) are influenced by the skimmed milk powder (SMP) market prices.

The largest WPC-producing countries in Europe are France, Germany and Holland.
 
Month 2020 2021 2022 ± on prev.
month. 		± % from
2021
January 2.623 2.298 3.490 +5,12% +51,90%
February 2.603 2.398 3.701 +6,05% +54,38%
March 2.386 2.478 4.006 +8,23% +61,66%
April 1.978 2.535 4.299 +7,31% +69,58%
May 2.020 2.603 4.188 -2,59% +60,90%
June 2.183 2.613  
July 2.172 2.521  
August 2.119 2.518  
September 2.195 2.676  
October 2.213 2.909  
November 2.180 3.160  
December 2.223 3.320  
Average 2.241 2.669 3.937
Variazione¹ % +4,03% +19,09% +59,89%
Last Update:25-05-2022
1) change from the same period of previous year
*: Prices VAT excluded FOB ex-works
Consult weekly wholesale prices
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
 
Month 2020 2021 2022 ± on prev.
month. 		± % from
2021
January 2.724 2.622 3.413 +3,62% +30,13%
February 2.756 2.653 3.616 +5,96% +36,29%
March 2.487 2.822 4.131 +14,24% +46,37%
April 2.385 2.862 4.204 +1,78% +46,88%
May 2.322 2.890 4.141 -1,52% +43,28%
June 2.306 2.897  
July 2.367 2.735  
August 2.365 2.604  
September 2.407 2.637  
October 2.502 2.891  
November 2.364 3.161  
December 2.382 3.293  
Average 2.447 2.839 3.901
Variazione¹ % +4,34% +16,02% +40,83%
Last Update:13-05-2022
1) change from the same period of previous year
*: Consult fortnightly wholesale prices
Source: USDA AMS Dairy Markets News
 
 
Month 2020 2021 2022 ± on prev.
month. 		± % from
2021
January 1.985 1.739 2.796 +9,09% +60,71%
February 2.051 1.849 3.077 +10,06% +66,41%
March 2.030 1.930 3.420 +11,16% +77,20%
April 2.048 2.023 3.632 +6,18% +79,53%
May 1.947 2.059 3.802 +4,69% +84,63%
June 1.837 2.109  
July 1.723 2.153  
August 1.599 2.167  
September 1.587 2.140  
October 1.649 2.189  
November 1.697 2.344  
December 1.675 2.563  
Average 1.819 2.105 3.345
Variazione¹ % -0,56% +15,75% +74,22%
Last Update:20-05-2022
1) change from the same period of previous year
*: Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
 
Month 2020 2021 2022 ± on prev.
month. 		± % from
2021
January 2.492 2.092 3.326 +7,20% +58,98%
February 2.457 2.077 3.573 +7,42% +72,02%
March 2.199 2.142 3.705 +3,68% +72,96%
April 1.797 2.206 3.717 +0,33% +68,45%
May 1.804 2.401 3.685 -0,85% +53,50%
June 1.976 2.373  
July 1.951 2.312  
August 1.820 2.345  
September 1.920 2.462  
October 2.101 2.721  
November 2.025 3.017  
December 2.021 3.103  
Average 2.047 2.438 3.601
Variazione¹ % -1,85% +19,09% +64,91%
Last Update:20-05-2022
1) change from the same period of previous year
*: Low Medium Heat (SMP) Mostly
Consult weekly wholesale prices
Source: USDA AMS Dairy Market News