MD_DA770

     Lactose - Central and Western U.S.

     Report 48 - Released on November 24, 2020

     Lactose prices are unchanged amid slow spot market activity. Manufacturers and end users are
     working to put together forecasts for Q1 lactose supply and demand. Some manufacturers have
     sent out Q1 offers and are planning for the negotiations ahead. Both sides expect downward
     pressure on lactose prices, but the negotiators may not agree on how much. Lactose supplies
     are mixed. While more offers are showing up in the market, some processors indicate they are
     committed through the end of the year. Lactose production is steady. Demand for lactose
     varies by brand, mesh size and application.


     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:                .3100 - .6300
     Mostly Range - Non Pharmaceutical; $/LB:               .3900 - .5450


     Information for the period November 23 - 27, 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