MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  January 05, 2017 (REPORT 1)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  12/26/2016 - 01/06/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  

The Western European skim milk powder price range narrowed, 
increasing at the bottom and decreasing at the top. Activity was 
quiet during the holiday period. Most buyers have secured 
contracts for the first quarter, reducing the need to complete 
transactions. EU SMP production January-October 2016 is up 6.5% 
from the same period of 2015, according to Eucolait. However, 
October is the sixth consecutive month of 2016 during which 
monthly SMP production was lower than the same month of 2015. 
October 2016 production is 5.2% lower than October 2015.
                                        
                                                                 
1.25% BUTTERFAT:                         2,175 - 2,275  

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