MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 

MADISON, WI.  July 20, 2017 (REPORT 29)                          

SOUTH AMERICA                                                    
INFORMATION GATHERED  07/10/2017 - 07/21/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 
Skim milk powder (SMP) f.o.b. export prices shifted higher in 
the Southern Cone of South America. Skim milk volumes moving 
into dryers are limited in part because most processors are 
focusing on clearing milk volumes into WMP. Thus, inventories 
are tight and fully committed thru contract. SMP export 
transactions have been light throughout the past two weeks.   

According to the Brazilian government, SMP imports from January 
to June 2017 totaled 14,316 MT, down 5 percent from the same 
period in 2016. From this total, imports from Uruguay, 
Argentina, and the United States represented 46, 41, and 13 
percent respectively. 

At the GDT Event 192 on July 18, skim milk powder (SMP) prices 
across all contract periods averaged $2,024 per metric ton, down 
3.2 percent from the last event.

1.25% BUTTERFAT:                         2,850- 3,150


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