MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America: Southern Cone                               
                               
MADISON, WI. January 19, 2016 (REPORT 3)                                                

SOUTH AMERICA: SOUTHERN CONE
INFORMATION GATHERED 1/9/2017 - 1/20/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder (SMP) f.o.b. export prices in the Southern Cone 
of South America adjusted higher. Sales activity has been 
slower, compared to the past two weeks. Export transactions 
outside the Mercosur bloc are reflected on the bottom price of 
the range. Meanwhile, the top price is mirroring Brazilian SMP 
imports within the bloc, mainly from Argentina and Uruguay. In 
Brazil, SMP production is ongoing and supplies are becoming more 
available. Consequently, Brazilian SMP imports are lower. On the 
other hand, SMP processing is down in Argentina, due to lower 
condensed skim intakes. Inventories vary throughout the Southern 
Cone. According to the National Milk Institute (INALE), 
cumulative SMP exports from January to December 2016 from 
Uruguay totaled 17,411 MT, down 33% from the same period in 
2015. At the GDT Event 180 on January 17, skim milk powder (SMP) 
prices across all contract periods averaged $2,612 per metric 
ton, down 1.6% from the last event.


1.25% BUTTERFAT:                         2,425 - 2,675           




930CT Angel.Teran@ams.usda.gov 608-557-7011
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