MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  January 12, 2017 (REPORT 2)                        

CASEIN - NATIONAL                                                

Casein rennet and acid prices are steady this week. Many buyers as well as 
sellers are assessing price/supply expectations moving forward in the 
first part of the year. Lower seasonal milk production volumes in New 
Zealand and Western Europe present new uncertainty as to casein pricing 
expectations. United States imports of caseinates January-November 2016 
were 5.2% below the same period of 2015 according to Eucolait. The main 
origins of imported caseinates were New Zealand, 44.9%; Netherlands, 
13.2%; and Ireland, 10.5%.
                                                                                                            
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