MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  August 31, 2017 (REPORT 35)                                       

LACTOSE - CENTRAL AND WEST                                                      

Lactose prices remain unchanged on the range, but moved lower at the bottom of the mostly 
prices series. Domestic demand is fairly solid, but some international buyers are holding 
out, waiting to see if prices move lower. Meanwhile, some manufacturers are selling large 
blocks of lactose in efforts to reduce inventories prior to year-end accounting and 
contracting for Q4 and 2018. Many contacts suggest inventories are heavier than 
preferred. Some processors are working on Q4 contracting. Production is generally steady, 
however a few manufacturers say they are reworking production schedules to try to reduce 
the amount of lactose produced.

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .2200 - .4700    MOSTLY:   .2600 - .3800    

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