DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  August 31, 2017 (REPORT 35)                        

CASEIN - NATIONAL     

       Casein prices are stable this week, a week of slow trading. Slowness in 
the EU relates to the gradual ending of the holiday period, when many 
participants were taking time off. Slowness in New Zealand relates to the 
early dairy production season when milk volumes are relatively low. Most 
observers expect activity to pick up as September arrives.
       CLAL reports that January-July casein exports from New Zealand, 36,000 
MT, were 15.7 percent lower than the same period last year. Caseinate exports 
for the same period, 20,000 MT, were 5.6 percent lower than last year.
                                                                                                                                 
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 - 2.8500                  
ACID:                           3.4000 - 3.6000                  


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