MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  August 04, 2016 (REPORT 31)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/25/2016 - 08/05/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

EU skim milk powder prices slightly strengthened at each end of 
the price range. There is price variation within the EU. French 
SMP prices slightly decreased, but German and Dutch SMP prices 
slightly increased. Markets are calm, with a number of buyers 
taking time off during summer holidays. Export interest is also 
weaker. Production is expected to slow in coming months, as milk 
production declines. Some future production has already been 
contracted, leading to further uncertainty as to what volumes 
will be available in coming months. The price expectations of 
buyers and sellers are not in harmony, which is causing each 
side to proceed cautiously. EU SMP production January-May 2016 
increased 16.7% from the same period of 2015, according to 
Eurostat.

1.25% BUTTERFAT:                         1,950 - 2,050           


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