MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  April 20, 2017 (REPORT 16)                                        

LACTOSE - CENTRAL AND WEST                                                      

The lactose market is relatively stable. Prices are steady, but rose slightly 
at the top end of the mostly price series. Manufacturers indicate they are 
selling the lactose they produce steadily through contracted agreements and a 
few spot sales. Inventories are tight to comfortable, and production is 
steady to slightly higher. Demand is firm, especially in some Asian Pacific 
markets. Manufacturers say buyers from Oceania are seeking out lactose for Q3 
needs even as the current milk season comes to a close. Animal feeders in 
various markets continue to seek out lower priced deals for lactose as they 
become available. At the GDT Event 186 on April 18, lactose prices across all 
contract periods averaged $0.4241 per pound, up 1.2%.


Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2500 - .5700    MOSTLY:   .3700 - .4400    


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