MD_DA751 Casein - National Casein Report for U.S. Imports Report 39 - Released on September 24, 2020 Acid casein prices slightly decreased at the low end of the price range but remained steady at the top. Rennet casein prices are steady. Acid casein contracting activity has been increasing as New Zealand is able to make more casein based on milk production being near the peak. As to rennet casein, some buyers have been holding back finalizing deals in hopes that pricing might weaken, particularly due to nice milk production increases in Ireland. At the same time, some manufacturers would like to see prices trend higher. The impasse is likely to break one way or the other in the very near term for Q4 contracts yet to be finalized. 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: 3.6000-3.8000 Rennet; Price Range - $/LB: 3.4700-3.5525 Information for the period September 21 - 25, 2020, issued weekly Published by: Dairy Market News - Madison, WI Eric Graf, 608.422.8590 Email: Eric.Graf@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