MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 
                               
MADISON, WI.  March 30, 2017 (REPORT 13)                         

SOUTH AMERICA                                                    
INFORMATION GATHERED  03/20/2017 - 03/31/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 
In the Southern Cone of South America, SMP f.o.b. export prices 
shifted lower, following recent downward movements at the GDT. 
However, SMP prices in South America remains above international 
values as there are very limited SMP supplies throughout the 
region. The market remains unbalanced as the SMP supply is well 
below current buyers' needs. Sporadic trading activity from 
Uruguay/Argentina to Brazil is reflected on the top of the 
pricing range. Meanwhile, the bottom value of the range is 
mirroring light SMP exports from the Southern Cone to countries 
outside Mercosur such as Russia and Algeria. 

At the GDT Event 184 on March 21, skim milk powder (SMP) prices 
across all contract periods averaged $1,948 per metric ton, down 
10.1% from the last event.


1.25% BUTTERFAT:                         2,500 - 2,900

AJ Ter n 
930CT Angel.Teran@ams.usda.gov 608.422.8593
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