MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  July 07, 2016 (REPORT 27)                          

CASEIN - NATIONAL    

Both rennet and acid casein prices increased at the 
bottom of the range. Buyer demand is good and stocks 
in some EU countries are tightening, even with milk 
supplies over volumes a year ago. At GDT Event 167 on 
July 5, while there was no contract activity for the 
August contract, the all contracts price for rennet 
casein increased 4.9%.                                            
                                                                 
                                                                 
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:                         2.5500 - 2.8000                  
ACID:                           2.6000 - 2.9000                  


1100CT eric.graf@ams.usda.gov (608) 557-7010
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