MD_DA770 Lactose - Central and Western U.S. Report 4 - Released on January 23, 2020 While the lactose price range held steady, the bottom of the mostly price series moved higher. Industry contacts say spot prices have been moving up. Lactose is moving well through current contracts, and many manufacturers report having committed inventories through the first quarter. Processors say they are getting a large amount of interest. Demand is strong. Some contacts say buyers from China have also been making inquiries, but this has diminished with the onset of the Chinese New Year. The market tone is firming. Market participants are cautiously optimistic that further trade negotiations and market demand can produce a stronger lactose market. 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: .2400 - .4000 Mostly Range - Non Pharmaceutical; $/LB: .2700 - .3300 Information for the period January 20 - 24, 2020, issued weekly Secondary Sourced Information: Global Dairy Trade (GDT) Event At the GDT Event 252 on January 21 the lactose price for the March contract period was $0.3656 per pound, up 0.5 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