MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  August 04, 2016 (REPORT 31)                        

CASEIN - NATIONAL    

Rennet and acid casein prices firmed at the bottom of 
the price range and rennet also firmed at the top. At 
GDT Event 169 on August 2, rennet casein prices moved 
more sharply higher on the all contract series than any 
product traded. Renewed buyer interest is a factor in 
pricing changes. With milk production at a seasonally 
lower point in Oceania casein production areas, 
generating higher output at this time is a challenge.                                          
                                                                 
                                                                 
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:                         2.8000 - 2.9500                  
ACID:                           2.8500 - 2.9500                  




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