MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America: Southern Cone                               

MADISON, WI. October 27, 2016 (REPORT 43)                        

SOUTH AMERICA: SOUTHERN CONE
INFORMATION GATHERED 10/17/2016 - 10/28/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  
Whole milk prices in South America are mixed. The top price of the 
range was adjusted higher in order to reflect several export 
transactions from Uruguay to Brazil. According to industry 
participants, the WMP market is balanced. WMP demand from buyers/end 
users is strong. There are enough milk volumes moving into dryers 
throughout the Southern Cone. WMP drying schedules are very active in 
most processing plants. Inventories are mostly steady. Milk producers 
in Brazil are asking the government to regulate the volume of WMP 
imports coming from Uruguay.
According to the National Milk Institute (INALE), cumulative WMP 
imports from January to September 2016 in Uruguay totaled 103,595 MT, 
up 51% from the same period in 2015. 
             
26% BUTTERFAT:                         2,750 - 3,100   


930CT Angel.Teran@ams.usda.gov (608)557-7011
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