MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  May 11, 2017 (REPORT 19)                           

SOUTH AMERICA                                                    
INFORMATION GATHERED  05/01/2017 - 05/12/2017                    
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 are 
mixed as the bottom price of the range was adjusted lower to reflect 
some extra-Mercosur transactions to Algeria, Cuba and Russia. The top 
of the pricing range is unchanged, mirroring active WMP exports to 
Brazil mainly from Uruguay, Argentina, and Chile. WMP production is 
steady while inventories are slightly tight in some regions. In the 
Brazilian market, some WMP processors reported a slight improvement in 
domestic sales. However, this market is still under pressure due to 
lower prices of imported products from nearby countries. In Brazil, 
some WMP tenders from domestic manufacturers can be found priced at or 
above $3,650 per metric ton. 

According to the Brazilian government, WMP imports from January to 
April 2017 totaled 33,106 MT, up 34% from the same period in 2016. From 
this total, imports from Uruguay, Argentina, and Chile represented 59%, 
36%, and 5% respectively. 

At the GDT Event 187 on May 2, whole milk powder (WMP) prices across 
all contract periods averaged $3,233 per metric ton, up 5.2% from the 
last event.

26% BUTTERFAT:                           3,200 - 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