MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  September 22, 2016 (REPORT 38)                     

CASEIN - NATIONAL 

Rennet and acid casein prices strengthened at each end of their price 
ranges.  U.S. imports of casein and caseinates through July are 6% 
lower than the same months of 2015, according to Eucolait. The top 
three sources of U.S. imports are New Zealand, 46.9%; Ireland, 14.9%; 
and Netherlands, 9.3%. Among major casein exporters, EU exports to all 
countries through July are 55.8% above the same period of 2015. New 
Zealand exports through July are 2% below 2015 January-July. At GDT 
event 172 on September 20, rennet casein contracts for October yielded 
price increases of 2.6%, while the all contracts average price 
increase was 2.0%.                                          
                                                                 
                                                                 
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:                         3.0950 - 3.1200                  
ACID:                           3.1100 - 3.1500  

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