MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  July 20, 2017 (REPORT 29)                                         

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices are mostly steady, but edged back at the bottom end of the 
mostly price series. Manufacturers report hearing about discounted loads of 
lactose being offered into the marketplace due to increasing inventories at 
some locations. Other processors mention they are getting regular inquiries 
for lactose from buyers. Industry contacts indicate demand is stable in the 
U.S., but is trending weaker in Southeast Asian markets. Production is 
steady, but with overall demand lower, inventories have grown. At the GDT 
Event 192 on July 18, lactose prices across all contract periods averaged 
$0.3742 per pound, down 1.8 percent.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2800 - .4900    MOSTLY:   .3300 - .4200    


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