MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  January 08, 2015 (REPORT 1)                                       

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices moved significantly lower on the mostly price series. A 
wide price range has developed and is dependent on mesh sizes and brands. 
Most spot activity is in the twenties. New quarterly and monthly contracts 
were considerably lower than previous agreements. The market tone is weak. 
Production is mostly steady. Domestic interest is light. Export demand is 
moderate. Some manufacturers' supplies are growing, while a few are in a 
sold-out position. The DMN monthly average of the mostly price series for 
Central and West lactose during December was $0.3880, compared to $0.6362 
a year ago. The NASS Dairy Products Report noted U.S. lactose, human and 
animal, production for November was 93.7 million pounds, down 4.7% from 
last month, but 8.0% higher than a year ago. January - November U.S. 
lactose production totals 1.068 billion pounds, 12.9% ahead of the same 
time span in 2013. U.S. total lactose month ending stocks for November 
were 128.5 million pounds, 6.0% higher than a month ago and 33.3% more 
than last year. 

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1700 - .4800    MOSTLY: .2700 - .3900                                                                                        


1100CT Ryan.Studnicka@ams.usda.gov  608-278-4155
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home