MD_DA136 DA MD DA136 Skim Milk Powder - South America MADISON, WI. June 22, 2017 (REPORT 25) SOUTH AMERICA INFORMATION GATHERED 06/12/2017 - 06/23/2017 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): With more milk available in the Southern Cone of South America, most plant managers are focusing drying schedules on WMP production. Thus, SMP processing has been limited, while inventories are decreasing. Therefore, skim milk powder (SMP) f.o.b. export prices are slightly higher in the region. At this point, sales activity is mostly driven by contractual needs. At the GDT Event 190 on June 20, skim milk powder (SMP) prices across all contract periods averaged $2,218 per metric ton, up 1.4% from the last event. 1.25% BUTTERFAT: 2,750- 3,050 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