MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  May 14, 2015 (REPORT 19)                           

WESTERN EUROPE                                                   
INFORMATION GATHERED  05/04/2015 - 05/15/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Skim milk powder prices moved lower on the upper 
end of the range.  Market activity is described as quiet.  A majority of 
current production is committed with marginal volumes available for spot 
sales.  Most buyers are focusing on Q3 needs and negotiating for lower 
prices.  A major export tender has attracted most of the market's 
interest with many in the industry holding off purchases until the 
results of the tender are known.  The market has a weak undertone.  PSA 
stock levels through May 3 amounted to 17,447 MT.  Germany, Ireland and 
The Netherlands were the only contributors to PSA socks in the last 
reporting period.  January-February 2015 skim milk powder exports for the 
EU-28, as reported by GTIS, increased 25.5% compared to the same period 
last year.  Egypt and Algeria were the top destinations for EU SMP 
exports in February.  According to Eurostat, EU skim milk powder 
production for February 2015 showed the following percentage changes for 
selected countries compared to February last year: France, -6.3%; 
Germany, -6.6%; Belgium, +16.5%; Denmark, +46.0% and the Netherlands, 
+9.1%.  
 
1.25% BUTTERFAT:                         1,950 - 2,175           

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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