MD_DA136 DA MD DA136 Skim Milk Powder - South America MADISON, WI. June 08, 2017 (REPORT 23) SOUTH AMERICA INFORMATION GATHERED 05/29/2017 - 06/09/2017 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): In the Southern Cone of South America, skim milk powder (SMP) f.o.b. exports prices are unchanged. The overall demand for SMP is stable on a balanced market. In order to increase cream supply, SMP production is more active compared to the past few weeks. SMP inventories are more available across the Mercosur region. The May 2017 Dairy Market News monthly average price per metric ton for SMP in the southern Cone of South America is $2,872. According to the Brazilian government, SMP imports from January to May 2017 totaled 13,176 MT, up 3% from the same period in 2016. From this total, imports from Uruguay, Argentina, and the United States represented 42%, 44%, and 14% respectively. At the GDT Event 189 on June 6, skim milk powder (SMP) prices across all contract periods averaged $2,156 per metric ton, up 7.9% from the last event. 1.25% BUTTERFAT: 2,700- 3,000 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