MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  June 01, 2017 (REPORT 22)                                         

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices are unchanged and many market participants describe the market 
tone as steady. Industry contacts say demand continues to be strong. Lactose 
production appears to be fairly well-balanced with that demand. Inventories 
are generally tight. However, a few contacts suggest stocks have built 
somewhat and are asking if the market prices may have reached a plateau. 
Manufacturers report a little more competition in Southeast Asia from 
European lactose producers. Currency differentials between the U.S. dollar 
and the Euro appear to be driving the competition, but it is not a major 
concern for U.S. manufacturers.

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