MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  October 29, 2015 (REPORT 43)                       

CASEIN - NATIONAL      

Acid and rennet casein prices are unchanged for the week. Casein 
markets are strengthening for late 2016 Q1 and into Q2 for both acid 
and rennet casein. Prices for that time period are moving higher. 
Most current sales are contracted prices. Production is lower in the 
EU as casein is in its off peak season. The Global Dairy Trade at the 
October 20 event 150 saw the average price for rennet casein for all 
contract periods increase 2.1% to $6,178/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:                         2.6500 - 3.3500                  
ACID:                           2.7000 - 3.5000

Dairy Market News Reporting Changes Proposal
Dairy Market News (DMN) is proposing updating the Dairy Market News 
Working Guidelines. This proposal is the result of an industry 
comment period. The updates would allow DMN market reports to 
additionally include information and sales prices reported by 
individuals and firms functioning as marketing agents selling on the 
behalf of dairy product manufacturers. The Working Guidelines updates 
are intended to capture more information on pricing and market 
conditions and reflect the evolution of the marketing of dairy 
products. Currently, market pricing information is collected for 
first sale, f.o.b. producers' plants or warehouses. The changes would 
be effective starting with Report 1, January 2016.

Comment by October 30, 2015 to: DMN@ams.usda.gov  
Link to current DMN working guidelines: 
http://www.ams.usda.gov/market-news/individual-dairy-market-news-
commodity-reports

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