MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  October 05, 2017 (REPORT 40)                       

CASEIN - NATIONAL     

       Rennet casein prices are weaker for near term deliveries, with 
slight firming in months ahead. Buyers seem confident that current market 
stocks are adequate so that buyers have a slight advantage in price 
negotiations for current delivery. Acid casein prices are steady.   
       At GDT event 197 on October 3, rennet casein for the November 
contract declined 6.1 percent while increasing 0.9 percent for the all 
contracts price.                                                                                                                                                 
                                                                 
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:                         2.7050 - 2.8500                  
ACID:                           3.5000 - 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