MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  June 22, 2017 (REPORT 25)                          

CASEIN - NATIONAL    

       Rennet casein prices weakened. Acid casein is steady to lower. This 
week's GDT event 190 on June 20, resulted in an all contracts price 
decline in rennet casein of 8.0 percent. 
       With Oceania milk production near seasonal lows, casein markets are 
quiet and production is low. New Zealand remains the primary source for 
U.S. casein(ate) imports January-April this year, supplying 48.3 percent, 
12,335 MT.                                       
       EU exports of casein(ates) January-April this year, 38,677 MT, are 
2.5 percent lower than year earlier according to Eucolait. The United 
States received 7,248 MT, which was 18.7 percent of EU exports. 
                                                                 
                                                                 
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:                         2.7000 - 3.0000                  
ACID:                           3.4000 - 3.6500                  




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