MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  August 31, 2017 (REPORT 35)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  08/21/2017 - 09/01/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):     

	Skim milk powder prices in Western Europe are steady to lower on 
thin trading. Market activity is quiet. The pattern in recent years 
of increased buying interest following the end of the holiday period 
has not yet materialized. SMP may be sold into intervention through 
September under the existing regulations.                                                                                                   
       January-June 2017 EU SMP exports, 419,906 MT, increased 35.2 
percent from the same period one year earlier, according to Eucolait. 
January-June, the range of monthly percentage changes year to date in 
cumulative export volumes is from -5.5 percent in January, to +35.2 
percent in June. Export volumes and primary destinations are shown in 
the following table:
 
                    EU SMP Exports
                    Main Three Destinations 
                    January-June 2017 
 
Destination     	Quantity(MT)      Percent of Total  
Algeria          67,966               16.2 
China            43,928               10.5 
Indonesia        34,464                8.2
 
1.25% BUTTERFAT:                         2,025 - 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-home