MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  July 09, 2015 (REPORT 27)                          

CASEIN - NATIONAL                                                
                                                                 
Casein prices are unchanged this week.  Global production is more than 
adequate to cover current needs. Demand has declined as many buyers have 
their near term commitments covered and are not inclined to expand their 
inventories.  At the July 1 GDT event 143, the average winning price for 
rennet casein for all contract periods decreased 4.1% to $5,901/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:                         2.9000 - 3.5000                  
ACID:                           2.8000 - 3.7000                  

2015 U.S. Casein Imports (USDA-FAS)
                  (Million Lb.)       % Change From    
                                      1 Year Ago      
May                  16.1               +  84          

Total Jan. - May     66.8               -  18
1	New Zealand    37.4               +  60
2	Netherlands     7.5               -  72
3	Ireland         6.7               + 104
4	Argentina       3.2               -   2
   5  India           3.1               -  57

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