MD_DA136                                                         
DA                                                               
MD DA136 Skim Milk Powder - South America 

SOUTH AMERICA                                                    
INFORMATION GATHERED  10/02/2017 - 10/13/2017                    
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) adjusted down, in line with 
the recent GDT results. The regional demand for SMP is weakening 
while supplies continue building. SMP production is active as 
large condensed skim volumes are still clearing into drying. 
      
      The September 2017 Dairy Market News monthly average price 
per metric ton for SMP in the southern Cone of South America is 
$2,533.
      
      According to the Brazilian government, SMP imports from 
January to September 2017 totaled 21.7 million tons, down 19 
percent from the same period in 2016. From this total, imports 
from Uruguay, Argentina, and United States represented 42, 39, 
and 12 percent, respectively.
      
      At the GDT Event 197 on October 3, skim milk powder (SMP) 
prices across all contract periods averaged $1,895 per metric 
ton, down 1.4 percent from the last event.


1.25% BUTTERFAT:                         2,500- 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