MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  November 12, 2015 (REPORT 45)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED 11/02/2015 - 11/13/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  E.U. whole milk powder prices have slipped 
from recent highs. The market tone is weaker. Export buying interest 
has slowed and traders/handlers are struggling to secure export 
sales. Many buyers have become content to wait on the market, 
especially those whose coverage has extended into Q1 of 2016. 
Production runs are kept at minimal levels, if viable. The butterfat 
is often more valuable in other commodities and there is a good 
demand for cream for local needs. WMP stocks are adequate to long of 
trade needs.  

26% BUTTERFAT:                           2,375 - 2,600           

0930c Butch.Speth@ams.usda.gov 608.557.7001
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