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

MADISON, WI. November 10, 2016 (REPORT 45)                        

SOUTH AMERICA: SOUTHERN CONE
INFORMATION GATHERED 10/31/2016 - 11/11/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  
In the Southern Cone of South America, whole milk powder prices are 
mixed on a wider range. The bottom of the range shifted down 
reflecting export transactions outside the Mercosur bloc. The top of 
the range is reflecting sales trades within Mercosur, mainly exports 
from Argentina and Uruguay to Brazil. WMP interest from the food 
processing industry, especially in Brazil, is strong. WMP production 
is ongoing as sufficient milk supplies continue clearing into dryers. 
Inventories are mixed. According to the Ministry of Industry, Trade, 
and Services (MDIC), Brazil WMP imports from January to October 2016 
totaled 106,984 MT, up 113% from the same period in 2015. From this 
total, imports from Uruguay and Argentina represented 68% and 27%, 
respectively. 
             
26% BUTTERFAT:                         2,650 - 3,350 

  


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