MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  September 24, 2015 (REPORT 38)                     

CASEIN - NATIONAL                                                

Rennet and acid casein prices are steady. Sellers would like to see the 
bottom of the market increase as Q1 contract negotiations continue. Some 
buyers may not enter into contracts and buy current and near future needs 
in the spot market as they wait to see what prices will do. The market 
tone is weaker as spot sales are sporadic. Most end users are committed 
through the end of the year. Supplies are adequate for current needs in 
the U.S. 


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:                         2.7500 - 3.5000                  
ACID:                           2.8000 - 3.7000                  

1100CT Tara.Herbst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal:
http://www.marketnews.usda.gov/mnp/da-home