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

MADISON, WI. November 22, 2016 (REPORT 47)                        

SOUTH AMERICA: SOUTHERN CONE
INFORMATION GATHERED 11/14/2016 - 11/23/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  
Whole milk powder f.o.b. export prices in the Southern Cone of South 
America shifted higher mainly influenced by the upward WMP price 
trend in the last GDT event. The bottom price of the range is based 
on export trades outside the Mercosur bloc, while the top is centered 
on trades within Mercosur, principally exports to Brazil. Production 
of WMP is very active throughout the region. In Argentina and 
Uruguay, inventories are in balance with buyers/end users' needs. 
However, Brazil continues with the need to import since WMP supplies 
are tight. At this point, Uruguay continues to be the major WMP 
exporter to Brazil. According to the National Milk Institute (INALE), 
cumulative WMP exports from January to October 2016 from Uruguay 
totaled 111,974 MT, up 43% from the same period in 2015. 
           
26% BUTTERFAT:                         2,750 - 3,450

  


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