MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  April 14, 2016 (REPORT 15)                         

WESTERN EUROPE                                                   
INFORMATION GATHERED  04/04/2016 - 04/15/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Current Western Europe skim milk powder 
pricing weakened slightly at the upper end of prices. Supply remains 
higher than demand.  That is expected to continue. Buying interest 
for long term contracts is stronger than spot market purchases. 
January 2016 production compared with January 2015, was up 12.5% 
according to Eurostat. January 2016 EU SMP exports, 62,736 MT, were 
up 1% from January 2015. The top January 2016 export destinations for 
EU SMP, volumes and percentage change from January 2015, are: Algeria 
18.234 MT, -24%; Indonesia 6.259 MT, +48%; and China 6.254 MT, +113%. 
Eucolait reports that the week of April 4-10, 2016, was the fourth 
consecutive week that no skim milk powder was offered into the 90-120 
day private storage arrangement program. During 2016, 4,643 MT of SMP 
have entered the program. SMP from the following countries was 
offered in the volumes shown during 2016: Belgium 842 MT; Germany 
2,512; Spain 243 MT; and France 145 MT; and Netherlands 901 MT. 
                                                                
1.25% BUTTERFAT:                         1,650 - 1,775           


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