MD_DA770 DA MD DA770 Lactose - Central and West MADISON, WI. August 11, 2016 (REPORT 32) LACTOSE - CENTRAL AND WEST Lactose prices hold steady this week with light spot market activity. The majority of current sales are contract basis. Manufacturers report little to no spot load availability. Inventories are mostly tight. International interest is strong. Some market participants are receiving inquires for Q4 contracts. Production is steady. The market undertone is firm. NASS's Dairy Products report shows U.S. lactose production during June 2016 totaled 91.8 million pounds, a 2.0% increase from one year ago. Year to date lactose production through June is 532.6 million pounds, 0.5% more than a year ago. Month ending stocks, at 120.7 million pounds, are 6.3% lower than one year ago, but 1.1% higher than May 2016. U.S. Lactose Exports, H.S. Code 1702110000(FAS) 2016 Exports % Change From (Million Lb.) 1 Year Ago June Total 51.9 + 4 TOTAL, JAN - JUN 276.5 + 5 1 China 51.0 + 7 2 New Zealand 49.7 + 54 3 Mexico 35.6 + 9 4 Japan 22.8 + 22 5 Indonesia 22.4 + 68 Including spot sales and up to 3 month contracts. F.O.B. EDIBLE, NON PHARMACEUTICAL .2300 - .3775 MOSTLY: .2300 - .3300 1100CT Amy.L.Schmitz@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