MD_DA751                                                         
DA                                                               
MD DA751 Casein - National                                       

MADISON, WI.  July 09, 2009 (REPORT 27)                          

CASEIN - NATIONAL

Casein markets and prices are generally holding steady.  Domestic suppliers 
indicate that stocks are available for regular and ongoing customer needs with 
spot offerings not as prevalent as in years past.  Many European manufacturers 
have geared back their seasonal casein production and are now working with 
tighter supplies, but indicate to customers that their needs will be met.  
Oceania suppliers continue to fill orders from inventoried stock.  Some Oceania 
casein producers are looking to future production with caution.  They state that 
milk production projections remain optimistic, but are concerned about the total 
impact lower milk prices and an unsettled dairy economy may have on total milk 
volumes.  Typically, casein production during the milk production season is the 
last product to come on line and the first to cease production on the downside, 
thus totally dependent on milk volumes at seasonal high levels.                                                       
                                                                 
                                                                 
SPOT SALES AND UP TO 3 MONTH CONTRACTS.  PRICES ARE F.O.B.,      
U.S. WAREHOUSE FOR EDIBLE NONRESTRICTED AND VARY ACCORDING       
TO MESH SIZE AND QUALITY.                                        
                                                                 
RENNET:                         2.7500 - 3.0000                  
ACID:                           2.7000 - 2.9000

1100c steve Schneeberger  (608)250-3204