MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 46 - Released on November 12, 2020

     The acid and rennet casein price ranges are steady this week. There is some internal range
     price movement and inconsistency depending on location and timing. Most casein yet to be
     produced in 2020 has been contracted. Q1 2021 contracting is moving toward completion, and
     discussions for Q2 2021 are underway. Not much spot casein is available from manufacturers.
     Customers with near term needs generally look to brokers. Pricing is expected to be
     generally steady in coming weeks.
     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 November 9 - 13, 2020, issued weekly

     Secondary Sourced Information:

     United States casein imports January – September 2020, 34,000 MT, decreased 9.9 percent
     from January – September 2019 according to CLAL data made available to USDA. The three top
     origins, volumes and percent change include New Zealand, 13,505 MT, -10.72 percent;
     Ireland, 10,423 MT, -11.62 percent; and France, 5,067 MT, +14.3 percent.
     Published by:
     Dairy Market News - Madison, WI
     MIKE BANDLI, (608)422-8592
     Email: mike.bandli@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