MD_DA751

     Casein - National Casein Report for U.S. Imports

     Report 38 - Released on September 21, 2023

     Prices for acid casein moved lower across the range this week, while rennet prices were
     unchanged. Contacts report steady to lighter demand for acid casein. Stakeholders in Oceania
     say recent price declines have contributed to steady sales in domestic markets, while export
     sales have been trending lower. Inventories of acid casein are available for spot
     purchasing. Improving milk production in Oceania is contributing to increased acid casein
     production. Meanwhile in Europe, milk production varies but contacts report steady rennet
     casein production. Stakeholders say demand for rennet casein is steady and keeping up with
     production. Inventories of rennet casein are available to meet current spot market needs.
     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:                    3.6500-3.9500
     Rennet; Price Range - $/LB:                  3.9000-4.4000


     Information for the period September 18 - 22, 2023, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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