MD_DA770 Lactose - Central and Western U.S. Report 7 - Released on February 18, 2021 The lactose price range and mostly price series held steady this week. While spot market activity is relatively quiet, industry contacts note that spot market prices are trending slightly higher. Manufacturers also report some buyers are interested in getting Q2 commitments in place. They think buyers are trying to get ahead of delays caused by the limited supply of shipping containers and vessel space. By booking early, end users hope to make sure lactose supplies are secured and delivered on time. Lactose inventories are in good balance with processing needs and 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: .3100 - .5500 Mostly Range - Non Pharmaceutical; $/LB: .3650 - .4600 Information for the period February 15 - 19, 2021, issued weekly Secondary Sourced Information: GLOBAL DAIRY TRADE (GDT) EVENT At the GDT Event 278 on February 16, the lactose price for the April contract period was $0.5588 per pound, up 0.4 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