MD_DA770 Lactose - Central and Western U.S. Report 47 - Released on November 21, 2019 Lactose prices are unchanged. Manufacturers report steady production and inventories that are tight in the near-term. Demand is mixed. Industry views of lactose demand seem to vary and depend on a matter of perspective. While lactose is moving well through current contracts, the spot market remains weak. A few processors say uncertainty in international markets compel them to commit much of their production without having to depend on the spot market to clear inventories. Interest for lactose that meets infant formula requirements, and to a lesser extent, standardization, has picked up. Many industry contacts are cautiously optimistic. They view the lactose market as stable or even firming in some pockets. However, others think weakness pervades the industry. Some end users report having plenty of lactose on hand for current needs and can wait on making purchases. 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: .1800 - .3700 Mostly Range - Non Pharmaceutical; $/LB: .2500 - .3300 Information for the period November 18 - 22, 2019, issued weekly Secondary Sourced Information: Global Dairy Trade (GDT) Event At the GDT Event 248 on November 19, the lactose price for the January contract period was $0.3515 per pound, up 1.3 percent from the last GDT event. 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