MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  March 05, 2015 (REPORT 9)                          

CASEIN - NATIONAL                                                
                                                                 
Prices for acid and rennet casein are unchanged.  Demand is light.  A 
majority of buyers have their near term needs covered and are 
anticipating increased supply availability and possible lower prices as 
milk production increases in the northern hemisphere in the coming weeks.  
The market undertone is weak.  At the March 3 GDT event 135, the average 
winning price for rennet casein for all contract periods decreased -0.7% 
to $8,694/MT.
 
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