Dry Whey – Stocks Remain Significantly Higher on YOY Basis Increasing YOY production has led to growth in dry whey stocks, with total stocks reaching a 20 month high. Mar ’15 dry whey stocks increased by 7.5%, or 4.7 million lbs, MOM to a total of 67.3 million lbs, while finishing higher on a YOY basis for the third consecutive month. Mar ’15 dry whey stocks finished 12.3% higher than a year ago and 15.0% higher than the five year average March dry whey stocks. NFDM – Stocks Reach New Monthly Record High Increasing YOY production has led to growth in NFDM stocks, with total stocks reaching a new monthly record high. Mar ’15 NFDM stocks increased by 5.8%, or 14.0 million lbs, MOM to a total of 254.5 million lbs while also remaining significantly higher on a YOY basis. Mar ’15 NFDM stocks finished 17.8% higher than a year ago and 37.1% higher than the five year average March NFDM stocks.