MD_DA770

     Lactose - Central and Western U.S.

     Report 39 - Released on September 28, 2023

     Prices for lactose slid lower across all facets of the range and mostly price series this
     week. Some stakeholders say spot purchasers have been ordering additional loads of lactose
     in recent weeks but were becoming more hesitant of loads priced in the upper 20s to low 30s.
     Due to this, some sellers are, reportedly, offering loads at lower prices than in previous
     weeks to reduce warehouse inventories. Export demand for lactose is lackluster, and some
     contacts say they are offering loads priced in the mid to high teens to entice potential
     purchasers. Loads of lactose are available for spot purchasing. Contacts report some
     specific brands of lactose or loads that meet rigorous end user specifications are less
     available and moving at higher prices than loads that are more interchangeable. 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:                .1300 - .3850
     Mostly Range - Non Pharmaceutical; $/LB:               .1700 - .2800


     Information for the period September 25 - 29, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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