MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  December 08, 2016 (REPORT 49)                      

CASEIN - NATIONAL   

Rennet casein prices slightly increased at the lower end of the price 
range, but are steady at the top. Acid casein prices are steady this week.
Recent indications are that casein production in France and New Zealand 
has slowed. The impact remains uncertain, as well as whether this is a 
trend, or will be reversed. Most market activity is focused on future 
contracting.  At GDT event 177 on December 6, the all contracts rennet 
casein price increased 2.3%.                                         
                                                                 
                                                                 
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:                           3.0500 - 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