MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  April 13, 2017 (REPORT 15)                         

SOUTH AMERICA                                                    
INFORMATION GATHERED  04/03/2017 - 04/14/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):                                         
                                                                                                                                  
In the Southern Cone of South America, WMP f.o.b. export prices moved 
up, well above the international prices in Oceania and Europe. With 
very small cream volumes in the region and milk butterfat values 
strengthening, WMP production has been limited in several balancing 
plants. Thus, WMP inventories are tight on light trading. In Brazil, 
the WMP demand from food processors remains strong. Accordingly, the 
Brazilian market is paying higher prices for WMP, reflected at the 
top of the range. The bottom of the range is mirroring a few export 
transactions from Mercosur to Russia and Algeria. In the Brazilian 
market, some WMP tenders from manufacturers can be found priced at or 
above $3,650 per metric ton. 

At the GDT Event 185 on April 4, whole milk powder (WMP) prices 
across all contract periods averaged $2,924 per metric ton, up 2.4% 
from the last event.

26% BUTTERFAT:                           3,250 - 3,600   


930CT AJ Ter n 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