MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  June 11, 2015 (REPORT 23)                                         

LACTOSE - CENTRAL AND WEST                                                      

Prices for lactose are unchanged to lower on a weak market. Contacts claim 
they've run out of adjectives to describe lackluster demand from many 
sectors of the market. A recent rally in interest from international 
standardizing operations was short lived. Contacts indicate sellers from 
other countries satisfied that interest at lower prices. A few 
manufacturers finalized Q3 and six month contracts. They indicate this is 
early for this activity, but removes the need to find additional venues 
for lactose volumes. Lactose production is active, following the trend of 
cheese manufacturing. However, a few lactose producers are opting to dry 
whey or whey permeate to reduce lactose inventories and eliminate the cost 
of lactose production. Inventories are higher than anticipated at many 
locations. 

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1700 - .2900    MOSTLY:   .1900 - .2500    

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