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

MADISON, WI. December 8, 2016 (REPORT 49)                        

SOUTH AMERICA: SOUTHERN CONE
INFORMATION GATHERED 11/28/2016 - 12/9/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  
In the Southern Cone of South America, whole milk powder (WMP) f.o.b. 
export prices are higher, in line with the upward WMP price movement 
in the most recent GDT event. The bottom price of the range is 
reflecting export trades outside the Mercosur bloc, while the top is 
based on sales transactions within Mercosur. Brazil continues 
importing WMP mainly from Uruguay as demand from the food processing 
industry remains strong. WMP production is ongoing throughout the 
region. At the GDT Event 177 on December 6, whole milk powder (WMP) 
prices across all contract periods averaged $3,593, up 4.9% from last 
event.
26% BUTTERFAT:                         2,950 - 3,550


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