MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  September 15, 2016 (REPORT 37)                     

CASEIN - NATIONAL                                                
                      
Rennet casein and acid casein prices slightly increased at the bottom 
of their price ranges, but were unchanged at the top. There is little 
spot market activity because most manufacturers have earmarked current 
production to filling commitments and many current users of casein 
have previously secured supplies through contracts. Contracting 
negotiations continue for the first and second quarters of 2017, with 
some potential buyers even exploring third quarter contracts.                                      
                                                                 
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:                         3.0250 - 3.0700                  
ACID:                           3.0400 - 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