MD_DA136 DA MD DA136 Skim Milk Powder - South America MADISON, WI. April 13, 2017 (REPORT 15) SOUTH AMERICA INFORMATION GATHERED 04/03/2017 - 04/14/2017 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): Milk fat supplies are very tight in the Southern Cone of South America. As a result, many processors are increasing SMP production in order to get more cream. Thus, SMP stocks are becoming more available in the market. Regional SMP f.o.b. export prices decreased slightly, but remain above other international prices. Compared to a few weeks ago, SMP exports from Uruguay/Argentina to Brazil are more active, reflected on the top of the range. Meanwhile, the bottom value of the range is mirroring light to moderated SMP exports from Mercosur to other countries outside South America. At the GDT Event 185 on April 4, skim milk powder (SMP) prices across all contract periods averaged $1,913 per metric ton, down 0.8% from the last event. 1.25% BUTTERFAT: 2,450- 2,850 930CT AJ Teran 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