MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  October 29, 2015 (REPORT 43)                       

WESTERN EUROPE                                                   
INFORMATION GATHERED  10/19/2015 - 10/30/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):                                         
                                  
Whole milk powder prices are up. WMP production is steady, but low. 
Demand domestically is quiet, with export demand limited and lower 
than last year YTD. Sellers report that most buying interest is for 
current needs only. According to Eurostat, EU August WMP production 
is up 6.3% over August 2014 but January through August production is 
down 7.3% from 2014. According to GTIS, EU exports decreased slightly 
in August, but are up from year ago levels. Algerian demand dropped 
55% YTD from last year, but Oman has increased import demand by 33% 
YTD and has become the top destination. 

26% BUTTERFAT:                           2,400 - 2,750           

0930c Tara.Herbst@ams.usda.gov 608.557.7007
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