MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  December 01, 2016 (REPORT 48)                                     

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices held steady this week. Inventories continue to be tight for 
higher mesh lactose. There is a little better availability for lower mesh 
lactose. Lactose production is consistent with active cheese production. 
Buyers and sellers are busy working on Q1 contracts. Some manufacturers 
report contracting is ahead of schedule. Processors say prices are trending 
higher on the new quarterly contracts. End users are generally accepting the 
terms, but a few buyers are seeking to front load the contracts, asking for 
deliveries early in the quarter to assure coverage of their lactose needs. 

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2800 - .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