MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  March 23, 2017 (REPORT 12)                                        

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices held steady in the range, but a number of spot sales moved the 
mostly price series slightly higher. The overall market tone exhibits 
stability. Some industry contacts suggest New Zealand standardization demand 
is in the slower part of the year as the southern hemisphere milk production 
season winds down. However, processors are starting to look forward to the 
lactose needs for next season. Manufacturers state that Q2 contracting is 
wrapping up and, in many cases, prices are slightly above Q1 prices. Domestic 
and international lactose demand is good and production is active. Lactose 
inventories range from tight to comfortable. At the GDT Event 184 on March 
21, lactose prices across all contract periods averaged $0.4141 per pound, 
down 2.7%.


Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2400 - .5800    MOSTLY:   .3500 - .4200    


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