MD_DA136 DA MD DA136 Skim Milk Powder - South America MADISON, WI. August 31, 2017 (REPORT 35) SOUTH AMERICA INFORMATION GATHERED 08/21/2017 - 09/01/2017 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): Throughout the past two weeks, f.o.b. export prices for skim milk powder (SMP) moved down in the Southern Cone on light trading. Overall, demand for SMP inside and outside the Mercosur bloc is lower compared to one month ago. SMP production is trending as the bulk of condensed skim volumes have been clearing into cheese, yogurt and other dairy accounts. Although SMP production rates are down, SMP inventories are large and steadily building. This is putting some pressure on processors in order to sell at more competitive prices. 1.25% BUTTERFAT: 2,550- 2,850 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