MD_DA770

     Lactose - Central and Western U.S.

     Report 40 - Released on October 01, 2020

     Lactose prices are steady to lower. The top of the price range and the bottom of the mostly
     price series moved down slightly this week. Many of the Q4 lactose contracts are in place
     and at levels within the current mostly price series. However, spot sales are mixed.
     Industry contacts report a few discounted spot sales that appear and disappear quickly.
     Manufacturers suggest they occasionally have a few loads intended for a specific end user
     but miss on the end user�s specifications. As a result, the processor sells the orphaned
     loads at discounted prices. In other cases, buyers needing a specific brand of lactose are
     sometimes willing to pay a premium for an extra load of lactose. Inventories are comfortable
     for most processors, but buyers say unless they need a specific brand of lactose, there are
     offers available. Lactose production is steady. Industry contacts are watching whey protein
     markets closely to see if the resulting lactose volumes may change.
     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:                .3900 - .6300
     Mostly Range - Non Pharmaceutical; $/LB:               .4550 - .5500


     Information for the period September 28 -  October 2, 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