MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  July 21, 2016 (REPORT 29)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/11/2016 - 07/22/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices in the EU slightly firmed at the bottom 
of the price range. Within the EU, prices firmed more 
significantly in France than the slighter increase in Germany 
and the Netherlands. However, overall interest in the EU is 
quiet. Most third quarter orders have been filled. Negotiations 
for deliveries during the fourth quarter are still being 
negotiated for the most part. EU skim milk powder exports 
January-May 2016 declined 12% from the same period of 2015, 
according to Eurostat. The top three destinations for the period 
and percentage changes from the prior year are: Algeria, -20%; 
Egypt, -23%; and China, +14%. 


                                         
                                                                 
1.25% BUTTERFAT:                         1,900 - 2,025     

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