MD_DA770 DA MD DA770 Lactose - Central and West MADISON, WI. October 29, 2015 (REPORT 43) LACTOSE - CENTRAL AND WEST Lactose prices are mostly steady this week. The bottom end of the price range came up a little. Industry contacts say inventories at manufacturers are becoming more committed. Manufacturers report inquiries have increased and there is slightly more interest from export markets. Lactose production is steady. Processors are working to set up Q1 2016 agreements. Including spot sales and up to 3 month contracts. F.O.B. EDIBLE, NON PHARMACEUTICAL .1500 - .2600 MOSTLY: .1600 - .2100 Dairy Market News Reporting Changes Proposal Dairy Market News (DMN) is proposing updating the Dairy Market News Working Guidelines. This proposal is the result of an industry comment period. The updates would allow DMN market reports to additionally include information and sales prices reported by individuals and firms functioning as marketing agents selling on the behalf of dairy product manufacturers. The Working Guidelines updates are intended to capture more information on pricing and market conditions and reflect the evolution of the marketing of dairy products. Currently, market pricing information is collected for first sale, f.o.b. producers' plants or warehouses. The changes would be effective starting with Report 1, January 2016. Comment by October 30, 2015 to: DMN@ams.usda.gov Link to current DMN working guidelines: http://www.ams.usda.gov/market-news/individual-dairy-market-news-commodity- reports 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