MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  November 19, 2015 (REPORT 46)                      

CASEIN - NATIONAL                                                

Prices for both casein types are steady. Market activity is 
light to stable. There are more evident negative tones to the 
market, reflecting general weakness in the dairy protein sector, 
both domestically and internationally. Rennet supplies offered 
to buyers are adequate to higher. Some buyers have needs met for 
current requirements and have some fulfillment in the first 
quarter. They are not seeking additional supplies unless the 
price is right. The Global Dairy Trade at the November 17 event 
152 saw the average price for rennet casein for all contract 
periods decrease 4.4% to $5,250/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                  

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