< >

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.
 
Germany
Magermilchpulver
ADPI-Extra * (€/tons)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 2.124 1.374 1.893 +9,60% +37,74%
February 2.005 1.368 1.958 +3,48% +43,21%
March 1.814 1.305  
April 1.728 1.328  
May 1.855 1.501  
June 2.013 1.600  
July 1.844 1.524  
August 1.794 1.597  
September 1.669 1.668  
October 1.565 1.591  
November 1.501 1.626  
December 1.438 1.727  
Average 1.779 1.517 1.925
Variazione¹ % -1,93% -14,72% +40,46%
Last Update:20-02-2019
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"
 
Oceania
Skim Milk Powder 1.25%
butterfat (SMP) * (€/tons)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 2.268 1.476 2.083 +19,10% +41,08%
February 2.272 1.573 2.242 +7,64% +42,53%
March 2.105 1.537  
April 1.830 1.577  
May 1.807 1.748  
June 1.864 1.807  
July 1.826 1.739  
August 1.693 1.741  
September 1.645 1.784  
October 1.588 1.756  
November 1.508 1.796  
December 1.470 1.749  
Average 1.823 1.690 2.162
Variazione¹ % +1,07% -7,27% +41,83%
Last Update:15-02-2019
1) change from the same period of previous year
*: Consult fortnightly wholesale prices
Source: USDA AMS Dairy Markets News
 
 
US
Whey Protein Concentrate (WPC) * 
(€/tons)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 1.924 1.316 1.723 +0,73% +30,88%
February 2.042 1.292 1.743 +1,18% +34,90%
March 2.004 1.247  
April 1.937 1.260  
May 1.828 1.386  
June 1.770 1.495  
July 1.713 1.528  
August 1.596 1.552  
September 1.532 1.603  
October 1.512 1.660  
November 1.468 1.704  
December 1.398 1.711  
Average 1.727 1.480 1.733
Variazione¹ % +27,71% -14,32% +32,87%
Last Update:15-02-2019
1) change from the same period of previous year
*: Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
 
US - Domestic Market
Nonfat Dry Milk * 
(€/tons)
Month 2017 2018 2019 ± on prev.
month. 		± % from
2018
January 2.145 1.256 1.879 +6,05% +49,67%
February 2.029 1.283 1.923 +2,34% +49,86%
March 1.785 1.255  
April 1.710 1.318  
May 1.763 1.525  
June 1.821 1.546  
July 1.714 1.458  
August 1.674 1.605  
September 1.615 1.651  
October 1.530 1.682  
November 1.434 1.741  
December 1.347 1.772  
Average 1.714 1.508 1.901
Variazione¹ % +2,37% -12,03% +49,77%
Last Update:15-02-2019
1) change from the same period of previous year
*: Low Medium Heat (SMP) Mostly
Consult weekly wholesale prices
Source: USDA AMS Dairy Market News