MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  November 10, 2016 (REPORT 45)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED  10/31/2016 - 11/11/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices are steady to lower, continuing the slightly 
weaker trend noted in recent periods. The market tone is unsettled.  
Offerings remain available for aged and fresh SMP. Global supplies 
are available and lessening the export call. There are some areas in 
the Middle East and Far East that are shopping. Interest for Q1 2017 
are noted. The overarching effects of the intervention stocks weigh 
on the market, but those supplies are not expected to be moved in the 
near future. The goal would be to not disrupt the market. Overall, 
production of SMP is steady to lower, mainly due to the lower milk 
supplies. 

1.25% BUTTERFAT:                         2,100 - 2,375           

0930c Butch.speth@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