MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  March 17, 2016 (REPORT 11)                                        

LACTOSE - CENTRAL AND WEST                                                      

Many industry participants describe the lactose market as somewhat firm. While 
the lactose price range is unchanged, the bottom of the mostly price series 
stepped up. Demand is steady and a number of spot sales were completed this 
week. Processors are also active in developing Q2 contracts. Buyers seem eager 
to get settlements in place and are seeking additional volumes of lactose. 
Manufacturers are seeing some premiums reflected in those contracts for higher 
mesh size and other desired specifications. Inventories remain tight and 
production is steady. A few manufacturers say they would like to build a little 
more inventory as a cushion, but between steady demand and production it is 
proving difficult to do so.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1800 - .3200    MOSTLY:   .2050 - .2550    


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