Lactose - Central and West USDA - Thu Sep 24, 3:30PM UTC MD_DA770
Lactose - Central and Western U.S.
Report 39 - Released on September 24, 2020
The lactose price range expanded slightly, but the mostly price series remained unchanged.
The current market tone for lactose is more unsettled as compared to several months ago.
Some manufacturers report being highly committed through the end of the year, but contacts
say offers have become more available. Lactose production is steady to higher. Demand is
mixed. Lactose sellers report some customers are eager to get Q4 coverage and willing to
take immediate shipments. Meanwhile, other buyers are reexamining contract offers that have
not been finalized. Some buyers suggest they have an oversupply of lactose from Q2 and Q3
purchases. Industry contacts relay end users are cautious on the production and marketing of
finished goods and any further lactose purchases. For example, contacts say a few candy
producers are limiting the amounts of packaging that include Halloween designations to avoid
having to sell on clearance following the holiday. This may hamper lactose sales later in
the year, unless demand for lactose and related end products reenergize through the next few
months.
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 - .6400
Mostly Range - Non Pharmaceutical; $/LB: .4600 - .5500
Information for the period September 21 - 25, 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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