MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  July 06, 2017 (REPORT 27)                          

SOUTH AMERICA                                                    
INFORMATION GATHERED  06/26/2017 - 07/07/2017                    
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 slightly down on moderate trading. With more 
condensed milk available, WMP manufacturing is more active. 
Inventories are in balance in some plants, but steady to building in 
others. Brazil continues paying the higher premium for WMP, reflected 
on the top of the range. Meanwhile, steady WMP export activity from 
Argentina/Uruguay to Russia and Algeria are reflected on the bottom 
of the pricing range. Demand for WMP is stable throughout the 
Mercosur region. 

The June 2017 Dairy Market News monthly average price per metric ton 
for WMP in the Southern Cone of South America is $3,397. 

At the GDT Event 191 on July 4, whole milk powder (WMP) prices across 
all contract periods averaged $3,111 per metric ton, up 2.6 percent 
from the last event.

26% BUTTERFAT:                           3,200 - 3,500           
                                                           


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