MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  February 18, 2016 (REPORT 7)                       

CASEIN - NATIONAL                                                

Casein prices are steady this week. Spot market buying interest 
is slow in Oceania and the EU. More volumes are moving through 
contracts. While GDT Event 158 pricing declined, there was low 
activity, leading to a thin market, which caused some observers 
to discount the overall significance of the results. 
                                                                 
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:                         2.5000 - 3.3500                  
ACID:                           2.7300 - 3.5000                  

1100C eric.graf@ams.usda.gov  608-557-7005
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