MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  December 03, 2015 (REPORT 48)                                     

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices moved slightly higher at the upper end of the range and mostly price 
series. Relatively good demand through Q3 and Q4 has allowed processors to reduce 
their lactose supplies to more comfortable levels. Some manufacturers have tight 
inventories as they work to establish Q1 agreements. Industry contacts report Q1 
contracting is ongoing with prices at or a little above current levels. Lactose 
processors say orders have been steady into some end users and higher into others. 
Exports are steady with a few markets increasing their call for lactose used in 
standardization. Buyers for some markets continue to shop around for low cost 
lactose.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1400 - .2650    MOSTLY:   .1600 - .2150    


Dairy Market News Reporting Change Notice
Upon the conclusion of the October 2015 industry comment period and a review of 
industry responses, Dairy Market News (DMN) is updating the Dairy Market News 
Working Guidelines, effective Report 1, January 2016. The updates will 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. 

Link to current and updated DMN working guidelines:
http://www.ams.usda.gov/market-news/individual-dairy-market-news-commodity-reports

December 1, 2015


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