MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  July 20, 2017 (REPORT 29)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/10/2017 - 07/21/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

       Western European skim milk powder prices are steady to lower. 
Prices are below prices reached during some weeks of 2017 and 2016. 
Weaker prices registered in significant SMP producing countries 
Germany, Netherlands, and France. The market is described as vacation 
calm. Few new contracts were finalized. Buyers are cautious and very 
price demanding.
       No SMP was sold into public intervention last week. Results have 
not yet been made public as to possible sales from intervention 
stocks for the period ending July 18. Sales of SMP are sluggish and 
buyers have the stronger hand.                                                                                                       
       January-May 2017 EU SMP exports, 338,557 MT, increased 25.9 
percent from the same period one year earlier, according to Eucolait. 
January-May, the range of percentage changes year to date in 
cumulative export volumes is from -5.5 percent in January, to +25.9 
percent in May. Export volumes and primary destinations are shown in 
the following table:

  		     EU SMP Exports
		     Main Three Destinations 
		     January-May 2017 
 
Destination     Quantity(MT)   Percent of Total  
Algeria         	50,056            14.8 
China      	35,711            10.6 
Indonesia     	27,809             8.2

1.25% BUTTERFAT:                         2,000 - 2,150           

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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