MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 5 - Released on January 31, 2019

     Casein prices are steady this week. While some sellers feel that prices should increase
     moving further into the declining milk production season, many buyers, recalling recent
     price declines, are cautious. Buyers who do not need to immediately close transactions are
     being cautious and price sensitive. The GDT event skipped a week and will return next week
     following a three-week gap. After the results are known, that will be an additional price
     indicator moving forward for non-GDT sales.
     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:                    3.0050-3.1100
     Rennet; Price Range - $/LB:                  2.2600-2.5900


     Information for the period January 28 -  February 1, 2019, issued weekly

     Secondary Sourced Information:

     Casein exports from New Zealand during 2018 are -2.9 percent from 2017, according to CLAL.
     Top export destinations during 2018 and percentage change from 2017 are:

     Country             % Change  Quantity MT
     China                +7.8     8,916
     United States        -7.0     5,707
     Japan                +0.7     5,359
     Indonesia           -29.4     2,325
     Singapore           +83.2     1,878
     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: eric.graf@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home