MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 

MADISON, WI.  August 03, 2017 (REPORT 31)                        

SOUTH AMERICA                                                    
INFORMATION GATHERED  07/24/2017 - 08/04/2017                    
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 are unchanged from two weeks ago. Skim milk 
intakes moving into dryers are irregular as most processors are 
focusing on clearing milk volumes into WMP. In this way, spot 
loads are less available in the spot market and fully committed 
thru contract. SMP export transactions have been light 
throughout the past two weeks.   

Meanwhile, SMP exports from the United States to Chile continue 
to increase significantly, but are well below export volumes to 
Mexico. It is important to mention that the U.S. is the main 
SMP/cheese importer in Chile and Mexico.

The July 2017 Dairy Market News monthly average price per metric 
ton for WMP in the southern Cone of South America is $3,336. 

At the GDT Event 193 on August 1, skim milk powder (SMP) prices 
across all contract periods averaged $1,966 per metric ton, down 
3.0 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