MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  May 11, 2017 (REPORT 19)                           

WESTERN EUROPE                                                   
INFORMATION GATHERED  05/01/2017 - 05/12/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  

      Skim milk powder prices in Europe are higher, but not at 
record levels for the year. European pricing is lower than in 
Oceania. Within significant SMP producing countries Germany, 
France and Netherlands, price strength is exhibited. There is 
hope that stronger pricing will persist and provide some 
stability. Favorable signs are recent stronger buyer demand from 
the European food industry and more buyer inquiries about future 
transactions. The latter includes European and international 
buyers. Some manufacturers report noticeable competition from 
the United States is attracting buyer interest.
      EU production of SMP January-February, 2017, declined 9.2% 
from the same period of 2016 according to Eurostat.
      The Dairy Market News April 2017 Western Europe SMP monthly 
average price per metric ton was $1,881, compared with $1,725 
one year earlier.

1.25% BUTTERFAT:                         1,900 - 2,000           

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