MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  June 22, 2017 (REPORT 25)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  06/12/2017 - 06/23/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  

       European skim milk powder prices are unchanged. Within Europe, 
German prices are steady. Prices in the Netherlands weakened slightly, 
but within the existing German price range. Demand for SMP has weakened, 
especially for export purposes. European pricing is making it harder to 
find export buyers, especially  when considering lower prices in Oceania. 
       January-April EU SMP production decreased 11.4 percent according 
to Eucolait. April 2017 production was 11.9 percent below April 2016.
     January-April EU exports of SMP increased 13.3 percent from the 
same period one year earlier. Export volumes and primary destinations 
are shown in the following table:
 
		European Union SMP Exports
		Main Three Destinations 
		January-April 2017 
 
Destination  	Quantity (MT)  	% of Total
Algeria		36,899  		14.3%
China			28,077  	  	10.9%
Indonesia 		24,722  	  	 9.6%
                                       
                                                                 
1.25% BUTTERFAT:                         2,175 - 2,350           


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-
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