Expana to change the monthly and weekly assessment schedule for some of its Dairy EBP

Expana to change the monthly and weekly assessment schedule for some of its Dairy EBP

February 16, 2025

Following a period of market feedback, Expana has decided to change the assessment schedule for some of its US-based Dairy Expana Benchmark Prices (EBP) from Friday, March 28th, 2025, onwards.

The changes are as follows:

  • The weekly assessments will be assessed at 16:00 Eastern Standard Time every Thursday.
  • The monthly assessments will be assessed at 16:00 Eastern Standard Time on the last working day of each month.

The schedule change will bring the assessment in line with the regions they are assessed in. Full details of our methodology, including the public holidays observed in the Americas, can be found in the Expana Assessment Methodology Guide available here.

 

A full list of the affected weekly US Dairy EBP is as follows:

Assessment Name

Code

Description

Lactose 100 Mesh FCA US (EBP) 

DU19

Lactose powder; 100 mesh; Food grade; ≥99% lactose; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Nonfat  Dried Milk FCA US (EBP) 

NFDMW

Nonfat dry milk (NFDM); Low/medium Heat; 34-37% protein; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Whey Conc 34 fob US (EBP) 

DU14

Whey protein concentrate (WPC); 34-36% protein; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Whey Conc 80 Instant FCA US (EBP) 

WCIUS

Whey protein concentrate (WPC) instant; 80-82% protein; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Whey Conc 80 Regular FCA US (EBP) 

WCRUS

Whey protein concentrate (WPC) regular; 80-82% protein; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Whey Isolate 90 FCA US (EBP) 

WIUS

Whey protein isolate (WPC); Min. 90% protein; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Buttermilk Powder EXW United States (EBP)

DU16

Buttermilk powder (BMP) Min. 30% protein; Min. 4.5% fat; Max. 4% moisture; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Whole Milk Powder EXW United States (EBP)

DU17

Whole Milk Powder (WMP); Min. 34% Protein; 26-42% ft; Max. 4.5% moisture; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Sweet Whey Powder Extra Grade EXW United States (EBP)

DU12

Sweet whey powder (SWP); Max. 1.5% fat; Max. 5% moisture; Max. 15% scorched; Extra grade; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Sweet Whey Powder Feed EXW United States (EBP)

DU15

Sweet whey powder (SWP); Feed grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

 

A full list of the affected monthly  US Dairy EBP is as follows:

Assessment Name

Code

Description

Whole Milk Powder Spray EXW Argentina (EBP)

SMPFA

Whole milk powder (WMP); Spray dried; Min. 26% fat; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

Skimmed Milk Powder Food Grade EXW Argentina (EBP)

WMPA

Skimmed milk powder (SMP); Medium heat; Spray dried; Max. 1.5% fat; Food grade; Expana Benchmark Prices (EBP). Min. 19mt; Packed in 25kg bags.

 

This methodology change will come into effect on Friday, March 28th, 2025.

Please send any feedback about this proposal to [email protected] and clearly state which market note your comments relate to, and if comments are intended for publication by Expana.

Expana will acknowledge receipt of all comments by email.