MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  September 1, 2016 (REPORT 35)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  08/22/2016 - 09/02/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices in the EU increased slightly at each end 
of the price range. Internal EU demand is firming, as is export 
demand. This is resulting in less motivation to sell SMP into 
intervention. Also weighing on SMP manufacturing volumes are 
lower milk supplies overall, renewed interest by cheesemakers in 
securing milk to make cheese, and improved profitability of skim 
milk concentrate sales. SMP production in the EU January-June 
2016 is 13.3% ahead of the same period of 2015, according to 
Eurostat.                                                                           
                                                                 
1.25% BUTTERFAT:                         2,050 - 2,150           



0930c Eric.Graf@ams.usda.gov 
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