MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  April 27, 2017 (REPORT 17)                         

SOUTH AMERICA                                                    
INFORMATION GATHERED  04/17/2017 - 04/28/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):                                         
                                                                 
Milk fat supply remains seasonally short across the Mercosur zone, 
but the current demand is strong. Thus, in order to increase cream 
volumes, many processors are curtailing WMP processing, especially in 
Uruguay and Argentina. In many processing plants, WMP stock levels 
are decreasing. During the past two weeks, in the Southern Cone of 
South America, WMP f.o.b. export prices shifted higher, in line with 
recent WMP upwards pricing trends at the GDT. The regional WMP market 
undertone is firming with WMP values well above Europe and Oceania. 
WMP demands from several food processors in Brazil remain strong and 
improving. 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 186 on April 18, whole milk powder (WMP) prices 
across all contract periods averaged $2,998 per metric ton, up 3.5% 
from the last event.

26% BUTTERFAT:                                               3,275 - 3,625           


930CT AJ Teran 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