MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  May 04, 2017 (REPORT 18)                                          

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices are unchanged this week. A number of industry contacts suggest 
the market tone is steady or slightly firming. Demand is good. Some 
manufacturers say they have regular customers who are asking for extra loads 
of lactose and are willing to pay above current contracted prices. A few 
other industry contacts say they have heard offers being made below published 
lactose prices. Inventories remain tight to comfortable. Lactose production 
is steady, however some contacts say a few manufacturers are looking to 
reduce whey protein isolate production, which in turn could reduce available 
lactose. The April 2017 Dairy Market News average of the mostly price series 
for Central and West lactose was $0.4038, compared to $0.3826 one month ago 
and $0.2408 one year ago. At the GDT Event 187 on May 2, lactose prices 
across all contract periods averaged $0.4268 per pound, up 1.1%.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .3400 - .5700    MOSTLY:   .3700 - .4500    

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