MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  March 12, 2015 (REPORT 10)                         

CASEIN - NATIONAL                                                

Acid and rennet casein prices are steady.  Little activity is occurring 
outside of contracted sales for either casein type.  Negotiations are 
ongoing for Q2, with some indication from trade contacts that prices for 
finalized contracts have firmed in recent weeks.  Some buyers are 
contracting lower volumes; anticipating global supplies will be more than 
adequate in Q2 and beyond.

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                  

                  2015 U.S. Casein Imports (USDA-FAS)
                  (Million Lb.)       % Change From    
                                      1 Year Ago      
January              10.6               -  36          

Total Jan. - Jan.    10.6               -  36
1	New Zealand     4.7               -  30
2	Netherlands     2.1               -  58
3	Ireland         0.8               +  67
4	India           0.6               -  64
   5  Argentina       0.6               +  67


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