MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  July 20, 2017 (REPORT 29)                          

WESTERN EUROPE                                                   
INFORMATION GATHERED  07/10/2017 - 07/21/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  

	Whole milk powder prices in Western Europe are mixed, firmer at 
the bottom of the price range but weaker at the top. Nevertheless, 
lower range prices remain the highest of 2017 and 2016, while top of 
range prices are only $50 below the 2017-2016 high.  The domestic food 
industry in Europe is not actively sourcing WMP at this time. 
Moreover, the fact of Oceania being so significant in global sales of 
WMP, with current Oceania pricing being below Western Europe, is a 
restraint on pricing in Western Europe.                                    
       This year January-May, EU WMP exports, 169,103 MT, increased 5.2 
percent from the same period one year earlier, according to Eucolait. 
January-May, the range of percentage changes year to date in 
cumulative export volumes is from +5.2 percent in May, to +20.2 
percent in January. Export volumes and primary destinations are shown 
in the following table:
       
  		 EU WMP Exports
		 Main Three Destinations 
		 January-May 2017 
 
Destination      Quantity(MT)   Percent of Total  
Algeria         	 33,745            20.2 
Oman      	     	 17,645            10.4 
China         	  9,120             5.4


26% BUTTERFAT:                           3,400 - 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