MD_DA136 DA MD DA136 Skim Milk Powder - South America MADISON, WI. September 14, 2017 (REPORT 37) SOUTH AMERICA INFORMATION GATHERED 09/04/2017 - 09/15/2017 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): Unlike two weeks ago, sales of SMP are more active in the Southern Cone region of South America. F.O.B. export prices shifted higher this week, reflecting the current regional market situation. SMP production is sporadic as processors are focusing on converting moderate to heavy condensed milk volumes into WMP. The demand for SMP is mixed inside and outside the Mercosur bloc. Inventories are tightening in several processing plants. The August 2017 Dairy Market News monthly average price per metric ton for SMP in the southern Cone of South America is $2,796. According to the Brazilian government, SMP imports from January to August 2017 totaled 18.9 million tons, down 13 percent from the same period in 2016. From this total, imports from Argentina, Uruguay, and United States represented 42, 40, and 12 percent, respectively. 1.25% BUTTERFAT: 2,650- 2,950 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