MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  August 17, 2017 (REPORT 33)                        

WESTERN EUROPE                                                   
INFORMATION GATHERED  08/07/2017 - 08/18/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

	Whole milk powder prices strengthened in Western Europe, reaching 
2017 highs. Late summer markets are quieter but still predominantly 
working to meet needs for the internal EU market. Enough buyers need 
to secure stocks that prices have been nudged upward. Export activity 
is quiet. 
       Through May, 2017, Eucolait reports WMP production in the EU lags 
the same period of 2016 by 0.8 percent according to Eucolait. May 2017 
production is 1.5 percent behind May last year. Among the top four WMP 
producing countries, Netherlands, France and Germany each has higher 
January-May WMP production: 12.5 percent; 5.8 percent; and 16.8 
percent. Number four Denmark is down 4.8 percent.
       The chart be low shows the relative contribution of reporting 
countries to EU SMP production January-May, 2017. If you are reading a 
plain text version of this report, more visual data will be viewable 
Friday in this week's PDF Dairy Market News Weekly Report: 
https://www.ams.usda.gov/mnreports/dywweeklyreport.pdf
 
Data from Eucolait. Chart by USDA Dairy Market News


26% BUTTERFAT:                           3,700 - 3,925           

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