MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  November 05, 2015 (REPORT 44)                      

CASEIN - NATIONAL                                                

The price series for acid and rennet casein are unchanged.  The 
market tone is unsettled.  The decline in world pricing is evident, 
but slow to translate into lower prices in the US.  Current contract 
pricing is supportive of both series. Lower pricing for other dairy 
proteins is also working against stability. 

The Global Dairy Trade at the November 3 event 151 saw the average 
price for rennet casein for all contract periods decrease 11.2% to 
$5,469/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                  

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

September            10.8               +   3

Total Jan. - Sep.   121.7               -  10
  1New Zealand       63.0               +  26
  2Ireland           16.6               +  38
  3Netherlands        3.8               -  57
  4Argentina          6.1               +  25
  5Poland             4.2               -  18

1100CT Butch.Speth@ams.usda.gov 608.557.7001
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