MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  October 27, 2016 (REPORT 43)                       

CASEIN - NATIONAL    

Rennet and acid casein prices are unchanged this week. A number of buyers 
are well supplied and are holding back to evaluate the next GDT event. 
United States imports of casein and caseinates through August were down 
7.4% from the same period last year. Primary sources and percentage of 
imports were: New Zealand, 45.9%; Ireland, 15.5%; and Netherlands, 9.8%. 
New Zealand casein and caseinate exports through August were down 5.1% 
from the same period of 2015. Of total exports, 31.2% went to the United 
States, 13.9% to China, and 9.4% to Japan. EU casein/caseinate exports 
through August were up 63.3%. Primary export destinations and percentage 
of total exports were: Thailand, 27.4%; United States, 16.6%; and Vietnam, 
15.4%.                                                                 
                                                                 
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 
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