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Story summary
- U.S. whey protein prices surged, with 80% concentrate above $13 per pound, up 250% from a year ago.
- Whey isolate and whey concentrate powder increased 150% and about 15% respectively, as GLP-1 drugs used by 6% of obese and diabetic U.S. patients lifted whey concentrate demand.
- Exports of 80% whey concentrate and isolate to China fell 47% from January through April versus a year earlier, prompting exporters to pause shipments.
