MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 

MADISON, WI.  May 11, 2017 (REPORT 19)                           

SOUTH AMERICA                                                    
INFORMATION GATHERED  05/01/2017 - 05/12/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            


SKIM MILK POWDER (SMP): 
F.O.B. export prices for skim milk powder (SMP) are higher in 
the Southern Cone of South America, well above international 
values. SMP processing is irregular as condensed skim milk 
intakes are limited throughout the region. Inventories are 
mostly tight. Consequently, prices are inching up. Brazil 
continues to be the principal destination of the Uruguay and 
Argentina SMP exports.
According to the Brazilian government, SMP imports from January 
to April 2017 totaled 11,329 MT, up 3% from the same period in 
2016. From this total, imports from Uruguay, Argentina, and 
United States represented 41%, 44%, and 15% respectively. 

At the GDT Event 187 on May 2, skim milk powder (SMP) prices 
across all contract periods averaged $1,982 per metric ton, down 
0.9% from the last event.

1.25% BUTTERFAT:                         2,700- 3,100


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