MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  March 23, 2017 (REPORT 12)                         

CASEIN - NATIONAL                                                

Rennet casein prices moved higher amid a bump in sales activity and in 
response to an increase in prices on the recent GDT event. At GDT event 
184 on March 21, the all contracts price for rennet casein, $2.6885, was 
3.6% higher than the previous event. The market tone for rennet casein, 
however, remains unsettled as lower prices for a number of other dry dairy 
products place pressure on rennet casein prices. Acid casein prices are 
unchanged and demand remains strong.


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:                         2.8500 - 3.2125                  
ACID:                           3.4500 - 3.7500                  


1100CT mike.bandli@ams.usda.gov  608-422-8592
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