MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  November 03, 2016 (REPORT 44)                                     

LACTOSE - CENTRAL AND WEST                                                      

Lactose range prices held steady, but moved slightly higher at the top end of 
the mostly price series this week. Inventories are comfortable to tight. A few 
manufacturers say they are not always able to meet all the requests they 
receive. In some cases, the processors need to adjust shipping dates to 
accommodate buyers or turn down sales because of not having lactose available. 
Buyers continue to be eager to assure coverage of their lactose needs. A few 
buyers are seeking front loaded contracts to make sure lactose is available. 
Other end users want to lock in prices through extended term contracts, 
something many manufacturers have been hesitant to agree to at this point in 
time. Lactose production remains steady and active.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2700 - .4800    MOSTLY:   .3300 - .3750    

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