MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  August 25, 2016 (REPORT 34)                        

CASEIN - NATIONAL    

Both rennet and acid casein prices increased slightly at the bottom of 
their price ranges. Most current production is already contracted and 
the focus is on firming commitments for first quarter 2017 
transactions. In an off GDT week with tight current supplies, there 
are few significant transactions to influence pricing.                                           
                                                                 
                                                                 
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:                         2.8900 - 2.9200                  
ACID:                           2.9100 - 2.9800                  


1100CT eric.graf@ams.usda.gov 
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