MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  February 02, 2017 (REPORT 5)                       

WESTERN EUROPE                                                   
INFORMATION GATHERED  01/23/2017 - 02/03/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

Whole milk powder prices in Europe are steady at the bottom of the 
price range to slightly to lower at the top of the price range. Prices 
in Germany and Dutch prices are consistent in this regard. Concerns 
about the Euro's competitiveness in global markets are weighing on 
pricing. The weakness in upper range pricing also reflects concerns 
that Western European pricing must move lower to be competitive with 
New Zealand in export markets. European WMP manufacturers are 
increasingly seeking to develop export markets, which is leading to 
more global price awareness and responsiveness. EU WMP production 
January-November 2016 increased 4.5% according to Eurostat. 
                                                                                                       
26% BUTTERFAT:                           3,200 - 3,350           


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