MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  August 06, 2015 (REPORT 31)                                       

LACTOSE - CENTRAL AND WEST                                                      

Prices for lactose held steady this week. Inventories continue to be mixed. 
Some manufacturers are reporting a little more tightness of stocks, but 
lactose is readily available across the industry. Product with specific 
characteristics may be less plentiful. Some manufacturers are reporting 
higher mesh or specific quality product is steadily being sought out by 
purchasers, and sometimes being purchased with a premium. Demand for standard 
product has been more subdued. The July 2015 Dairy Market News average of the 
mostly price series for Central and West lactose was $0.1995, compared to 
$0.2170 one month ago and $0.5473 one year ago. NASS's Dairy Products report 
shows U.S. HUMAN and ANIMAL LACTOSE production during June 2015 totaled 90.7 
million pounds, an 11.8% decrease from one year ago. Cumulative 2015 lactose 
production totals 533.0 million pounds, an 8.0% decrease from 2014.  Month 
ending stocks, at 126.1 million pounds, are 9.7% higher than one year ago.  

U.S. Lactose Exports, H.S. Code 1702110000(FAS)
                 2015 Exports      % Change From
                 (Million Lb.)       1 Year Ago

June Total             49.5           + 26

TOTAL, JAN - JUNE      264.6          + 11
 1 China               47.7           + 46
 2 Mexico              32.7           + 12
 3 New Zealand         32.1           - 18
 4 Singapore           23.1           + 105
 5 Australia           21.2           + 145

                                                                                
Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1600 - .2600    MOSTLY:   .1700 - .2200    

1100CT mike.bandli@ams.usda.gov  608.557.7010
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home