MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  July 06, 2017 (REPORT 27)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  06/26/2017 - 07/07/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):   

      Western European skim milk powder prices weakened at each 
end of the price range. German prices remain higher than in 
Netherlands and France. Two recent factors influencing prices 
are generally mentioned. The first is the recent sale of some 
SMP intervention stocks during the last tender. The second is 
recent publication of a European Union draft proposal to allow 
use of intervention stocks for food distribution to the most 
deprived people. Plants are tending to produce in volumes needed 
to fill contracts. Spot markets are quiet. Export activity is 
very slow because of competition from the U.S. as well as recent 
strength of the euro.
      The Dairy Market News international monthly average price 
in dollars/metric ton for European SMP prices in June, 2017, 
$2,223, compares with $1,930 one year earlier. 
                                       
                                                                 
1.25% BUTTERFAT:                         2,000 - 2,175           





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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