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Lactose - Central and West
USDA - Thu Jan 16, 5:32AM CST
MD_DA770

     Lactose - Central and Western U.S.

     Report 3 - Released on January 16, 2020

     Lactose prices held steady this week. With a new year and new quarter started, manufacturers
     are actively filling contracted orders. A few processors report getting more spot inquiries
     than usual for this time of year. There is a feeling that some end users may be looking to
     add on coverage early in the year. In addition, others report that a few traders are looking
     to glom onto extra loads of lactose. Some market participants expect the market to firm, and
     having extra stocks of lactose on hand may help offset any price increases. Current
     inventories are comfortable to committed, according to manufacturers. Lactose production is
     steady.
     Prices for: Central and Western U.S., Spot Sales And Up to 3 Month Contracts, F.O.B.,
     Conventional, and Edible Lactose
     Price Range - Non Pharmaceutical; $/LB:                .2400 - .4000
     Mostly Range - Non Pharmaceutical; $/LB:               .2650 - .3300


     Information for the period January 13 - 17, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov

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