MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  April 02, 2015 (REPORT 13)                         

CASEIN - NATIONAL                                                
                                                                 
Prices for both rennet and acid casein moved lower going into Q2.  The 
market tone remains weak and is being influenced by lower pricing trends 
for other dairy proteins.  Casein buying interest is light and centered 
around contracted volumes and short-term needs.  At the April 1 GDT event 
137, the average price for rennet casein for all contract periods 
decreased 8.0% to $6,980/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:                         3.3500 - 3.8000                  
ACID:                           3.5000 - 4.1000                  

1100CT Rick.whipp@ams.usda.gov
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