MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  December 01, 2016 (REPORT 48)                      

CASEIN - NATIONAL   

Rennet and acid casein prices are slightly higher at the bottom of the 
price range but unchanged at the top. While contracting for the first 
quarter of 2017 is mostly completed, some current buying interest has 
nudged prices as noted. Some buyers are discussing second quarter 2017 
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:                         2.9700 - 3.0500                  
ACID:                           3.0500 - 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