MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  April 16, 2015 (REPORT 15)                                        

LACTOSE - CENTRAL AND WEST                                                      
                                                                                
Lactose prices are unchanged on the mostly series, but adjusted lower on 
the top of the range as changes in various market indices affect weekly 
pricing. Buyers and sellers indicate the market tone seems steadier than 
in past weeks. A few manufacturers report demand is steady to growing, 
especially from Southeast Asia. Buyers are agreeing to various pricing 
structures, including fixed, weekly market basis, and lagging market 
averages. For some producers, these late offers are considered helpful in 
clearing inventories. Several manufacturers report they are arranging 
shipping to Asia/Oceania 2 - 3 weeks ahead of schedule to avoid late 
arrivals at buyers' locations. Edible lactose volumes that generally clear 
into feed end uses are still running into competitively priced permeate 
undercutting lactose prices. Lactose production is ongoing as cheese 
production is steady to higher. Inventories range from tight to above 
needed for contract fulfillment.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1800 - .3400    MOSTLY:   .2000 - .2750    

1100CT Janet.Linder@ams.usda.gov (608)557-7003
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: www.marketnews.usda.gov/portal/da