< >

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 2023 2024 2025 ± on prev.
month.
± % from
2024
January 2.709 2.576 2.504 -3,70% -2,80%
February 2.540 2.543 2.485 -0,75% -2,26%
March 2.610 2.466  
April 2.408 2.374  
May 2.428 2.419  
June 2.500 2.485  
July 2.385 2.385  
August 2.271 2.441  
September 2.265 2.608  
October 2.551 2.541  
November 2.716 2.603  
December 2.703 2.600  
Jan-Feb 2.624 2.559 2.494
Change¹ % -27,01% -2,48% -2,53%
Average 2.499 2.499
Change¹ % -33,78% -0,01%
Last Update:19-02-2025
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 2023 2024 2025 ± on prev.
month.
± % from
2024
January 2.739 2.402 2.702 -1,01% +12,52%
February 2.656 2.512 2.851 +5,51% +13,51%
March 2.574 2.457  
April 2.468 2.399  
May 2.639 2.405  
June 2.591 2.502  
July 2.385 2.435  
August 2.235 2.358  
September 2.197 2.507  
October 2.480 2.567  
November 2.501 2.710  
December 2.415 2.730  
Jan-Feb 2.697 2.457 2.777
Change¹ % -23,25% -8,92% +13,03%
Average 2.482 2.492
Change¹ % -32,29% +0,39%
Last Update:14-02-2025
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 2023 2024 2025 ± on prev.
month.
± % from
2024
January 3.440 1.956 3.327 +9,25% +70,09%
February 3.090 2.029 3.536 +6,29% +74,32%
March 2.782 2.051  
April 2.457 2.078  
May 2.249 2.032  
June 1.939 1.994  
July 1.749 1.963  
August 1.663 1.980  
September 1.695 2.098  
October 1.808 2.410  
November 1.821 2.755  
December 1.892 3.045  
Jan-Feb 3.265 1.992 3.431
Change¹ % +11,20% -38,98% +72,24%
Average 2.205 2.200
Change¹ % -40,12% -0,23%
Last Update:14-02-2025
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 2023 2024 2025 ± on prev.
month.
± % from
2024
January 2.756 2.411 2.920 +0,04% +21,11%
February 2.550 2.462 2.807 -3,87% +14,02%
March 2.475 2.395  
April 2.291 2.343  
May 2.366 2.314  
June 2.355 2.415  
July 2.218 2.397  
August 2.236 2.451  
September 2.261 2.655  
October 2.496 2.736  
November 2.476 2.862  
December 2.408 2.919  
Jan-Feb 2.653 2.436 2.863
Change¹ % -23,10% -8,16% +17,53%
Average 2.405 2.530
Change¹ % -31,49% +5,22%
Last Update:14-02-2025
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