MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  April 13, 2017 (REPORT 15)                         

WESTERN EUROPE                                                   
INFORMATION GATHERED  04/03/2017 - 04/14/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):     

      Whole milk powder prices in Western Europe weakened 
slightly at the bottom of the price range, a bit more at the 
top. This is not seen as a trend but more of an adjustment. 
Indeed, some observers are quizzical about this price adjustment 
considering the overall strength of dairy fat demand. The Dairy 
Market News March 2017 Western Europe WMP monthly average price 
per metric ton was $3,015, compared with $2,092 one year 
earlier.
      It has been noted that New Zealand futures prices for WMP 
firmed in recent days and that is expected to soon carry into 
current prices in Western Europe. Prices are lower in the 
Netherlands, but higher in Germany. With European pricing 
slightly lower than Oceania, manufacturers in Western Europe 
continue active efforts to expand exports to some recent 
customers of WMP from Oceania. The global marketplace is 
becoming more actively pursued by Europeans.                                   
                                                                 
26% BUTTERFAT:                           2,800 - 2,950           

 
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