MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  January 19, 2017 (REPORT 3)                        

CASEIN - NATIONAL                                                
                        
Rennet casein prices increased at the top of the price range, but are 
steady at the bottom. Acid casein prices slightly increased at the top, 
but remained steady at the bottom. Production is seasonally advancing in 
the EU and Oceania. However, lower seasonal milk production than the prior 
year limits output. EU exports of casein and caseinates January-November 
2016 were 51.7% above the same period of 2015 according to Eucolait. Main 
destinations and percentage of the total were Thailand, 26.9%; U.S.A., 
17.1%; and Mexico, 6.5%. GDT event 180 on January 17 resulted in the all 
contracts rennet casein prices increasing 4.9%.                                       
                                                                 
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 - 3.0600                  
ACID:                           3.0500 - 3.1500                  



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