MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  September 24, 2015 (REPORT 38)                                    

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices held steady. Product with specific characteristics desired by 
end users continues to move at prices on the upper end of the range. General 
purpose lactose is more readily available and is trading at prices at the 
lower end of the range. Neither has exerted its dominance over pricing or 
market activity. Some industry participants describe the lactose market as 
stagnant and feel the current conditions (low prices and weak market tone) 
could persist. The low prices have prompted some manufacturers to slow their 
dryers and produce only what has been sold. Although some manufacturers are 
seeing a steady demand from regular customers, spot inquiries are lighter. 
Processors report having some committed stocks, but generally there is ample 
lactose to meet all market needs.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1500 - .2700    MOSTLY:   .1700 - .2100    


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