MD_DA770                                                                        
DA                                                                              
MD DA770 Lactose - Central and West                                             

MADISON, WI.  October 19, 2017 (REPORT 42)                                      

LACTOSE - CENTRAL AND WEST                                                      

Although lactose prices are steady on the range, the mostly price series moved 
another step lower. Aside from a few select brands, manufacturers report greater 
competition for every tender and spot sale. Lactose is still generally moving 
satisfactorily through existing contracts. Some processors say buyers are starting to 
engage in Q1 contract negotiations. In some cases, customers are even asking for a 
little more. However, the overarching market tone is bearish with some market 
participants ready to rip the cord on the lactose market. A few contacts remarked on 
seeing several large blocks of lactose being offered into international markets at 
low prices. Contacts say inventories are growing and production has not yet slowed 
appreciably. 

Including spot sales and up to 3 month contracts.                               
F.O.B. EDIBLE, NON PHARMACEUTICAL   .1800 - .4400    MOSTLY:   .2000 - .3250    


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