< >

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 2024 2025 2026 ± on prev.
month. 		± % from
2025
January 2.576 2.504 2.099 +2,05% -16,18%
February 2.543 2.486 2.365 +12,69% -4,88%
March 2.466 2.470 2.674 +13,05% +8,25%
April 2.374 2.426 2.767 +3,48% +14,04%
May 2.419 2.405  
June 2.485 2.430  
July 2.385 2.376  
August 2.441 2.403  
September 2.608 2.279  
October 2.541 2.164  
November 2.603 2.101  
December 2.600 2.057  
Jan-Apr 2.490 2.472 2.476
Change¹ % -3,00% -0,72% +0,18%
Average 2.499 2.346
Change¹ % -0,01% -6,10%
Last Update:15-04-2026
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Prices VAT excluded FOB ex-works
Consult weekly wholesale prices
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
  min price
  max price
 
Month 2024 2025 2026 ± on prev.
month. 		± % from
2025
January 2.402 2.702 2.180 +1,09% -19,32%
February 2.512 2.812 2.456 +12,65% -12,67%
March 2.457 2.686 2.881 +17,31% +7,27%
April 2.399 2.604 3.106 +7,81% +19,27%
May 2.405 2.622  
June 2.502 2.481  
July 2.435 2.365  
August 2.358 2.514  
September 2.507 2.261  
October 2.567 2.249  
November 2.710 2.231  
December 2.730 2.157  
Jan-Apr 2.442 2.701 2.656
Change¹ % -6,39% +10,61% -1,68%
Average 2.492 2.484
Change¹ % +0,39% -0,30%
Last Update:10-04-2026
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult fortnightly wholesale prices
Source: USDA AMS Dairy Markets News
  min price
  max price
 
 
Month 2024 2025 2026 ± on prev.
month. 		± % from
2025
January 1.956 3.327 2.848 +0,92% -14,39%
February 2.029 3.590 2.941 +3,26% -18,07%
March 2.051 3.632 3.108 +5,68% -14,43%
April 2.078 3.587 3.084 -0,78% -14,02%
May 2.032 3.610  
June 1.994 3.505  
July 1.963 3.399  
August 1.980 2.993  
September 2.098 2.962  
October 2.410 2.881  
November 2.755 2.857  
December 3.045 2.822  
Jan-Apr 2.029 3.534 2.995
Change¹ % -31,05% +74,21% -15,24%
Average 2.200 3.259
Change¹ % -0,23% +48,16%
Last Update:10-04-2026
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price
 
Month 2024 2025 2026 ± on prev.
month. 		± % from
2025
January 2.411 2.920 2.268 +5,07% -22,31%
February 2.462 2.747 2.915 +28,52% +6,12%
March 2.395 2.395 3.316 +13,75% +38,43%
April 2.343 2.248 3.719 +12,16% +65,46%
May 2.314 2.350  
June 2.415 2.413  
July 2.397 2.364  
August 2.451 2.412  
September 2.655 2.291  
October 2.736 2.167  
November 2.862 2.179  
December 2.919 2.159  
Jan-Apr 2.403 2.578 3.055
Change¹ % -4,58% +7,28% +18,51%
Average 2.530 2.393
Change¹ % +5,22% -5,43%
Last Update:10-04-2026
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Low Medium Heat (SMP) Mostly
Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price
 
Due to extraordinary maintenance, some site features may be temporarily unavailable. Thank you for your understanding.