MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  September 08, 2016 (REPORT 36)                     

CASEIN - NATIONAL     

Prices for rennet and acid casein strengthened at each end of the 
price range. The results of GDT event 171 on September 6 were stronger 
rennet casein prices, which is consistent with what a number of market 
participants have been experiencing. With most current production 
already committed, the GDT event served as a buying opportunity for 
some customers seeking available sources of casein otherwise difficult 
to source.                                         
                                                                 
                                                                 
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:                         3.0100 - 3.0700                  
ACID:                           3.0350 - 3.1000                  


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