MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  January 05, 2017 (REPORT 1)                        

CASEIN - NATIONAL      

Rennet casein prices are steady to lower. Acid casein prices are steady. 
Rennet casein volumes available in a slow end of year holiday period gave 
buyers some leverage, resulting in shaving higher range prices. However, 
lower overall activity this period is likely to move to more normal levels 
of buyers and sellers participating in markets in the coming weeks. This 
leaves sellers hopeful as to maintaining price levels moving further into 
January. At GDT Event 179 on January 3, the all contracts price for rennet 
casein declined 2.7%.                                          
                                                                                                                                  
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 - 3.0400                  
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