MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  July 21, 2016 (REPORT 29)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/11/2016 - 07/22/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

Whole milk powder prices in the EU slightly firmed at 
each end of the price range. Activity remains underway 
to secure WMP for third quarter delivery. Demand for 
the fourth quarter is active and being negotiated. 
Global export demand for EU WMP is quiet. Many EU 
sources of WMP have accepted that EU pricing is 
disadvantageous to competing with other suppliers of 
WMP. EU whole milk powder exports January-May 2016 
increased 3% from the same period of 2015, according to 
Eurostat. The top three destinations for the period and 
percentage changes from the prior year are: Oman, -10%; 
Algeria, -46%; and Kuwait, +61%. 
                                      
                                                                 
26% BUTTERFAT:                           2,300 - 2,550   

0930c Eric.Graf@ams.usda.gov 608.557.7005
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