MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 


MADISON, WI.  September 28, 2017 (REPORT 39)                     

SOUTH AMERICA                                                    
INFORMATION GATHERED  09/18/2017 - 09/29/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 
      
      In the Southern Cone region of South America, f.o.b. export 
prices for skim milk powder (SMP) shifted slightly down on light 
trading. At this point, the priority of most milk powder 
processors is to convert heavy condensed milk volumes into WMP. 
In this way, the drying time for condensed skim is irregular, 
thus SMP production is sporadic. Nevertheless, the demand for 
SMP is generally mixed within and outside the Mercosur bloc. In 
general, SMP inventories are more than sufficient to meet 
contracts/spot needs.  
      
      At the GDT Event 196 on September 19, skim milk powder 
(SMP) prices across all contract periods averaged $1,920 per 
metric ton, down 1.2 percent from the last event.


1.25% BUTTERFAT:                         2,600- 2,900


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