MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  March 02, 2017 (REPORT 9)                                         

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices are unchanged. Many industry contacts use the words "quiet, 
but steady" to describe the lactose market. Lactose is moving well through 
regular contracts, but spot activity is a little light. Demand appears to be 
inversely related to inventory levels. There is generally good demand, but 
tight stocks, for higher mesh lactose. Buyers are glad to have any volumes 
available for lactose with tighter specifications. There is greater 
availability of unground and lower mesh lactose. However, buyers are pushing 
back at some of the pricing for this lactose. Some industry contacts suggest 
buyers from Oceania are making steady purchases of lactose for current and 
future standardization needs as the milk season in the southern hemisphere is 
slowing. Lactose production in the U.S. is steady.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2400 - .5800    MOSTLY:   .3400 - .4100    


1100CT Mike.Bandli@ams.usda.gov 608.422.8592
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