MD_DA107 DA MD DA107 Whole Milk Powder - Europe MADISON, WI. January 08, 2015 (REPORT 1) WESTERN EUROPE INFORMATION GATHERED 12/22/2014 - 01/09/2015 U.S. DOLLARS PER METRIC TON, FOB PORT WHOLE MILK POWDER (WMP): Prices moved lower on both ends of the range going into the New Year. The whole milk powder market is experiencing light trading coming off the yearend holiday period. Trading activity is mostly confined to existing contract transactions. The decline in the Euro, compared to the U.S. dollar, has made whole milk powder more competitive on the international marketplace. Some increased interest for European sourced WMP is coming from Western Africa. Production of WMP is steady with recent levels and supplies are in balance with needs. GTIS reported EU-28 whole milk powder exports for January-October 2014 up 5% compared to last year. October exports increased compared to September and were equal to year ago levels. Top destinations for EU whole milk powder were Nigeria, Algeria and the Dominican Republic. 26% BUTTERFAT: 2,600 - 2,850 0930c rick.whipp@ams.usda.gov 608.278.4151 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: www.ams.usda.gov/dairymarketnews Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da- home