MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  September 14, 2017 (REPORT 37)                     

CASEIN - NATIONAL                                                

Both rennet and acid casein prices are unchanged this week. Although prices 
jumped on the latest gDT, some industry contacts suggest the market is moving 
a little sideways. Furthermore, prices could face some downward pressure as 
the milk production season gets into full swing in the Southern Hemisphere. 
Quarter 4 and annual contracting is ongoing. Production is mainly in line 
with contractual obligations.


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 - 3.0000                  
ACID:                           3.5000 - 3.6000                  


1100CT mike.bandli@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