MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  October 20, 2016 (REPORT 42)                       

CASEIN - NATIONAL 

Rennet casein prices adjusted down at each end of the price range. 
Acid casein prices also declined at each end of the price range. A 
significant driving force was weaker pricing at the most recent GDT 
event.  At GDT Event 174 on October 18, November Rennet casein 
contract prices declined 6.5% to $2.9892 per pound.                                              
                                                                 
                                                                 
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:                         2.9900 - 3.0500                  
ACID:                           3.0200 - 3.0700                  



1100CT eric.graf@ams.usda.gov (608)557-7005
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