MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  May 18, 2017 (REPORT 20)                           

CASEIN - NATIONAL    

Rennet casein prices weakened this week, while acid casein remained 
steady. Current weakness in rennet markets is reflective of slowing buyer 
interest. However, interest in acid casein remains steady. New Zealand 
exports of casein(ates) January-March this year, 21,700 MT, declined 16.6% 
from one year earlier. Main destinations were the United States, 31.4%, 
China. 11.6%, and Japan, 11.2%, according to Eucolait.  EU exports of 
casein(ates) January-March, 30,104 MT, were up 0.5%. United States imports 
January-March, 17,809 MT, were up 0.2%. Rennet casein at GDT event 188 on 
May 16 was the only commodity with a lower all contracts price, -3.7%. For 
the June contract, the price declined 6.1%.                                          
                                                                 
                                                                 
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:                         2.7500 - 3.0000                  
ACID:                           3.5000 - 3.7000                  



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