MD_DA770 DA MD DA770 Lactose - Central and West MADISON, WI. May 25, 2017 (REPORT 21) LACTOSE - CENTRAL AND WEST The market tone for lactose continues to exude a general stability. Although the bottom of the range moved higher based on the spot sale prices collected, prices are mostly unchanged this week. Demand is in good balance with production. Manufacturers say inquiries are at normal levels for this time of year and production is steady. Inventories are committed to comfortable, but a few manufacturers have a little excess available. Processors are sending out quotations for Q3 business. Buyers in Oceania and Southeast Asia are beginning to stock up for end of year lactose needs. Including spot sales and up to 3 month contracts. F.O.B. EDIBLE, NON PHARMACEUTICAL .3450 - .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