MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  December 22, 2016 (REPORT 51)                      

CASEIN - NATIONAL 

Rennet casein prices firmed at the bottom of the price range but are 
steady at the top. Acid casein prices are steady. Sources indicate that 
available supplies are beginning to tighten. Exports from major producing 
countries are mixed. EU casein and caseinate exports year to date through 
October are up 60.7% compared with 2015 according to Eucolait. The United 
States received 17.1% of those exports. New Zealand exports through this 
October were down 5.3% from the same period of 2015. The U.S., the top 
casein and caseinate export recipient, accounted for 30.4% of New Zealand 
exports. Argentina, a smaller but regular exporter to the U.S., had casein 
and caseinate exports through October 65% below the 2015 level. The U.S. 
received 24.4% of Argentine exports.                                              
                                                                 
                                                                 
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:                         3.0100 - 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