MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 12 - Released on March 25, 2021


     Casein markets are bullish. Sources report that one factor is the vibrancy of the caseinate
     market. Some caseinate sales in Southeast Asia have neared $5.00 US/pound. In Belarus and
     Ukraine unground casein prices are increasing.  Acid casein is following the price trend in
     both Western Europe and New Zealand. Acid casein prices for delivery in the second half of
     2021 are higher than current prices.

     Rennet casein from Ireland and France is sold out through Q2 2021. Prices are expected to
     increase in coming months. U.S. and Mexican buyers are reported as being willing to pay
     higher prices than most European buyers. The firming prices for some cheeses, especially
     mozzarella, are also driving Western European rennet casein prices.

     So far there is not much of an organic casein market. Manufacturers rarely hear from buyers
     seeking organic casein.


     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:                    4.1600-4.3000
     Rennet; Price Range - $/LB:                  3.6700-3.7500


     Information for the period March 22 - 26, 2021, issued weekly

     Secondary Sourced Information:


     EU exports of casein(ates) during January 2021, 5,573 MT, decreased 8.7 percent from
     January 2020 according to Eucolait. New Zealand exports of casein(ates) during January
     2021, 7,279 MT, decreased 37.1 percent from January 2020 according to Eucolait. Extra-EU
     casein exports from Ireland during January 2021, 1,600 MT, decreased 7.2 percent according
     to Eucolait data made available to USDA.  Nevertheless, Ireland casein exports to the top
     export destination the United States, 842 MT, increased 5.45 percent.

     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