MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  August 6, 2015 (REPORT 31)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/27/2015 - 08/07/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):                                          

Skim milk powder prices are lower on the bottom of the range. As 
prices move lower, it is believed that more SMP will go into 
intervention. Demand is light due to the summer season. Exports are 
light as there are many sellers in the world market. Contracts for 
2015 are settled and negotiations for Q1 and Q2 2016 have begun. 
According to Eurostat, EU skim milk powder production for May 2015 
showed the following percentage  changes for selected countries 
compared to May last year: France, -3.3%; Germany, -5.3%; Belgium, 
+0.3%; Denmark, +26.9% and the Netherlands, unchanged. PSA skim milk 
powder stock levels on July 26 amounted to 25,658 MT. Germany, Spain 
and Ireland have the top three volumes in PSA stocks. 

                                                                 
1.25% BUTTERFAT:                         1,650 - 1,925           


0930c Tara.Herbst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home