MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 

MADISON, WI.  July 06, 2017 (REPORT 27)                          

SOUTH AMERICA                                                    
INFORMATION GATHERED  06/26/2017 - 07/07/2017                    
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. export prices shifted slightly up. At this point, drying 
schedules in most processing plants are focused on converting 
moderate condensed milk intakes into WMP. Therefore, the drying 
time for SMP is limited. Thus, inventories are tight in the spot 
market, while trading activity is light. 

The June 2017 Dairy Market News monthly average price per metric 
ton for SMP in the Southern Cone of South America is $2,890. 
 
At the GDT Event 191 on July 4, skim milk powder (SMP) prices 
across all contract periods averaged $2,090 per metric ton, down 
4.5 percent from the last event.

1.25% BUTTERFAT:                         2,775- 3,075


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