MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  January 19, 2017 (REPORT 3)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  01/09/2017 - 01/20/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices in Europe increased very slightly at 
each end of the price range. This is a more of a balancing 
adjustment than any reflection of new buyer interest. Most 
potential buyers are in no rush, but a few buyers were motivated 
to seal deals now for new production. Manufacturer stocks are 
deemed comfortable. There remains interest in future 
developments as to intervention stocks that may be offered to 
markets. EU SMP exports for 2016 through November decreased 
17.3% compared with the same period of 2015 according to 
Eucolait. The main destinations and percentage of total were 
Algeria, 16.0%; China, 8.5%; and Indonesia, 8.1%. 
                                         
                                                                 
1.25% BUTTERFAT:                         2,200 - 2,300           



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