MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  August 17, 2017 (REPORT 33)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  08/07/2017 - 08/18/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

       Skim milk powder prices in Western Europe decreased overall. 
Within the range, prices in Germany remained unchanged, while 
Netherlands prices slightly weakened and French prices slightly 
strengthened. Markets are mostly calm. Production is primarily 
destined to fill contracts. Export activity is slow. 
       Eucolait reports that SMP was sold into intervention this week 
for the first time since May. Lithuania sold 47 MT into the program. 
The current intervention scheme will be open until the end of 
September, unless changed before then.
       Through May, 2017, SMP production in the EU lags the same period 
of 2016 by 11.6 percent according to Eucolait. May 2017 production is 
also 11.6 percent behind May last year. Among the top seven butter 
producing countries, only Denmark has January-May production above 
last year, +28.1 percent. However, with number one and two France and 
Germany so overwhelmingly producing the substantial percentage of SMP 
in the EU, and with those countries as well as the other top six 
producers being down through May, increased SMP production in lower 
producing countries can?t overcome the lag of the top producers. 
German data released this week by AMI shows a January-June decrease 
of 12.0 percent compared with last year,
       The chart below shows the relative contribution of reporting 
countries to EU SMP production January-May, 2017. If you are reading 
a plain text version of this report, more visual data will be 
viewable Friday in this week?s PDF Dairy Market News Weekly Report: 
https://www.ams.usda.gov/mnreports/dywweeklyreport.pdf


                                         
                                                                 





 
Data from Eucolait. Chart by USDA Dairy Market News


1.25% BUTTERFAT:                         2,025 - 2,200           




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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