MD_DA106 DA MD DA106 Skim Milk Powder - Europe MADISON, WI. January 07, 2016 (REPORT 1) WESTERN EUROPE INFORMATION GATHERED 12/28/2015 - 01/08/2016 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): Skim milk powder markets are under pressure and prices weakened. Sales into intervention continue. Many EU dairy processors have the capability to manufacture whole milk powder, skim milk powder or butter. Expectations are for more milk to move toward SMP among the three options, partly due to continuing high milk volumes and partly due to export opportunities. Even with prices weakening and intervention continuing, some manufacturers remain selective in accepting sales if they hold SMP that is in more demand from buyers. These sellers are prepared to maintain inventories if sales prices are not acceptable. 1.25% BUTTERFAT: 1,725 - 1,850 0930c Eric.Graf@ams.usda.gov 608.557.7005 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