MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  June 22, 2017 (REPORT 25)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  06/12/2017 - 06/23/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

	Whole milk powder prices in Western Europe slightly strengthened and 
remain higher than in Oceania. Western European prices are at the highest 
level of 2017, as well as 2016. The market is quiet, with most sales into 
the EU internal market. Sellers, facing higher prices for dairy fats, are 
pushing hard for higher WMP prices, but buyers are resisting. 
       January-April EU WMP production decreased 0.1 percent according 
to Eucolait. April 2017 production was 2.2 percent below April 2016.
     January-April EU exports of WMP increased 8.4 percent from the 
same period one year earlier. Export volumes and primary destinations 
are shown in the following table:
 
		European Union WMP Exports
		Main Three Destinations 
		January-April 2017 
 
Destination     Quantity (MT)   % of Total
Algeria          25,591          19.0%
Oman             14,190          10.6%
Kuwait            6,897           5.1%
                                     
                                                                 
26% BUTTERFAT:                           3,350 - 3,600           


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