Casein - National

     Casein - National Casein Report for U.S. Imports

     Report 46 - Released on November 14, 2019

     Prices are steady for acid casein and rennet casein. Most trading flows from contract
     obligations. Spot markets are quiet because buyers are typically only covering unanticipated
     needs. Active negotiations are underway for Q1 2020 contracting and beyond. Many buyers are
     awaiting official October New Zealand milk production results, typically the peak month of
     the season, as an indicator of future pricing.
     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:                    3.3025-3.4700
     Rennet; Price Range - $/LB:                  3.1925-3.3850

     Information for the period November 11 - 15, 2019, issued weekly

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590

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