Casein - National
MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 44 - Released on October 29, 2020


     Acid and rennet casein prices are steady to slightly lower. Casein manufacturers are
     actively working on sales and contracts. Production has been scheduled to accommodate that.
     Contracting for Q1 of 2021 and even Q2 is underway. Buyers are interested in closing deals
     to have assured supplies. The lower top range prices tend to reflect fewer high price deals,
     rather than overall weakness in prices. In fact, the brisk contracting activity is believed
     to lend some stability to the market. Acid casein production is very active in New Zealand.
     Production of rennet casein in Ireland and France is healthy but may decline in coming weeks
     as milk production continues to move toward the seasonal low. No new Europe or New Zealand
     official export data past the last reported month, August, is available yet.

     Prices for: Spot Sales And Up to 3 Month Contracts, Free on Board - Warehouse, Non-
     Restricted, All Mesh Sizes, Conventional, and Edible Casein

     Acid; Price Range - $/LB:                    3.6000-3.7500
     Rennet; Price Range - $/LB:                  3.4650-3.4975


     Information for the period October 26 - 30, 2020, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov