MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 37 - Released on September 15, 2022

     Acid casein prices are unchanged this week. Contacts say acid casein production lines are
     running at capacity, yet demand needs from both domestic and Asian importers are keeping
     prices firm. Rennet casein prices, though, shifted noticeably higher. As has been mentioned
     in previous reports, processing costs in the European Union, namely energy costs, have
     jumped in the last few months. Domestic importers are willing to pay up in order to secure
     needed inventories. Some U.S. contacts suggest that prices could continue higher moving into
     the fourth quarter, as contractual agreements are going to evolve based on limited milk
     availability, increasing costs of both processing and shipping.
     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:                    6.7000-7.2000
     Rennet; Price Range - $/LB:                  5.7000-6.5200


     Information for the period September 12 - 16, 2022, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: israel.weber@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