MD_DA751 Casein - National Casein Report for U.S. Imports Report 21 - Released on May 26, 2022 Casein prices of both rennet and acid varieties are unchanged, based on limited availability on a quieter trading week. Contracts for the second half of 2022 have been worked through in recent weeks. Spot sales, though, are few and far between, as contacts can only use superlatives in describing recent availability, or lack thereof, of casein. Milk production hurdles in the EU, based at least somewhat on rising fertilizer and feed costs, have contacts expecting even further bullish price movements. Some say $7+/lb would not be out of the realm of possibility by the end of the year, if not sooner. South American producers are planning a mid-year shift from rennet to acid near term. 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: 6.5500-6.7500 Rennet; Price Range - $/LB: 5.2000-5.7800 Information for the period May 23 - 27, 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