MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  June 11, 2015 (REPORT 23)                          

CASEIN - NATIONAL                                                
                                                                 
Casein prices are unchanged this week.  Milk production has moved past 
the seasonal peak in Western Europe.  The impact of reduced milk 
deliveries will likely bring about a decline in casein production.  
Casein supplies are readily available in Western Europe.  Milk production 
in Oceania is nearing the seasonal low point, but supplies of casein are 
available on the spot market.  Contracted volumes for Q3 for both types 
of casein in the United States are on par with last year.  US demand for 
casein based products is seasonally steady.  Readily available supplies 
globally contribute to the weak market undertone.

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:                           3.3500 - 4.1000                  

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