MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  April 30, 2015 (REPORT 17)                         

WESTERN EUROPE                                                   
INFORMATION GATHERED  04/20/2015 - 05/01/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Skim milk powder prices declined on the upper 
end of the range.  Production is expanding, and at some plants, nearing 
capacity levels with the seasonal peak remaining 3-4 weeks ahead.  Export 
demand is slow and waiting.  European SMP is competitively priced, 
compared to other global markets, but trading remains light as 
prospective buyers have adequate near term supplies and are willing to 
wait for possible future lower prices.  The market undertone remains 
weak.  PSA stock levels through April 19 amounted to 17,513 MT.  Only 
minor additions to SMP PSA stocks were made over the past few weeks.  

1.25% BUTTERFAT:                         1,950 - 2,250           

0930c rick.whipp@ams.usda.gov 608.557.7004
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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