MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  June 15, 2017 (REPORT 24)                                         

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices slid lower at the top of the range and both ends of the mostly 
price series. Although demand from Oceania for Q3/Q4 standardization needs is 
starting to pick up, industry contacts report Southeast Asian demand has 
softened. A few contacts suggest that weakening SE Asian hog prices have 
created a domino effect of lower prices for a number of dairy commodities, 
including lactose. A few international buyers are waiting to see if prices 
move lower before making their purchases. Domestic demand for lactose is 
sound. Lactose production is generally steady, however recent heat and 
humidity have slowed the pace at some manufacturing facilities. Inventories 
are comfortable, but building at a number of locations.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .3200 - .5500    MOSTLY:   .3600 - .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