MD_DA751 DA MD DA751 Casein - National MADISON, WI. April 09, 2015 (REPORT 14) CASEIN - NATIONAL Prices held steady for both acid and rennet casein. The market undertone is weak. The Q2 pricing levels moved lower compared to Q1. Both varieties of casein are readily available on the global market. Casein production in Europe is expected to increase, reflecting the seasonal increases in milk production. Supplies in the U.S. are adequate to cover needs in the near term with numerous buyers willing to take a wait and see attitude, not wanting to make purchases on a downward trending market. 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 2015 U.S. Casein Imports (USDA-FAS) (Million Lb.) % Change From 1 Year Ago February 12.8 - 25 Total Jan. - Feb. 23.3 - 31 1 New Zealand 11.2 + 14 2 Netherlands 3.5 - 72 3 Ireland 2.4 + 297 4 Argentina 1.6 0 5 India 1.2 - 70 1100CT Rick.whipp@ams.usda.gov 608.557.7004 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