MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  January 29, 2015 (REPORT 4)                        

CASEIN - NATIONAL                                                
                                                                
Casein prices were mixed with acid casein moving lower on spot sales, 
while rennet casein was unchanged.  Lower dairy commodity prices and a 
strong U.S. dollar, against the Euro and Oceania currencies, are 
contributing to the weak undertone in the market.  Trading activity is 
light.  The possibility of further price declines in the future has made 
buyers hesitant to take a market position and expand inventories.

SPOT SALES AND UP TO 3 MONTH CONTRACTS.  PRICES ARE F.O.B.,      
U.S. WAREHOUSE FOR EDIBLE NONRESTRICTED AND VARY ACCORDING       
TO MESH SIZE AND QUALITY.                                        
                                                                 
RENNET:                         3.6500 - 4.0000                  
ACID:                           3.7000 - 4.4000                  

1100CT rick.whipp@ams.usda.gov 608.278.4151
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal:
http://www.marketnews.usda.gov/mnp/da-home