MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  October 13, 2016 (REPORT 41)                       

WESTERN EUROPE                                                   
INFORMATION GATHERED  10/03/2016 - 10/14/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  

Whole milk powder prices in Europe are steady to slightly lower 
at the upper end of the price range. Current WMP market activity 
is quiet. Ample supplies are available, leading to little active 
buyer interest at this time because the food industry is well 
supplied. Export potential is challenged by current price 
factors available from competitors, particularly in Oceania. The 
Dairy Market News September 2016 monthly average for Western 
European WMP, $2,873/metric ton, is 33.2% above September 2015. 
EU production of WMP January-July 2016 is up 5.6% from the same 
period of 2015, according to Eurostat. The top three export 
destinations and present change in export volumes to the 
destinations are: Oman, -5%; Algeria, -20%; and China, +15%.                  
                                                                 
26% BUTTERFAT:                           2,875 - 3,000   

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