MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 44 - Released on November 04, 2021


     The seasonal and situational tightness of acid and casein supplies is reflected in higher
     prices for each. European rennet casein production is seasonally low. Ireland remains as the
     country buyers will most likely find available stocks. Most customers are contracted for
     2021 and into early 2022. Upward price pressure is thought to be from last minute customers
     in spot markets.

     New Zealand casein production schedules are slowed in some plants. Milk production lagging
     last year has cut into availability for casein, continuing to keep casein production lower
     than had been expected. This has resulted in delays in filling some contracts. Some buyers
     facing delayed deliveries from manufacturers are sounding out traders to source some casein
     for near term needs. Most 2021 acid casein production is already committed. Contracting for
     Q1 2022 is well along.



     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:                    4.9000-5.6700
     Rennet; Price Range - $/LB:                  4.7200-4.9300


     Information for the period November 1 - 5, 2021, 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