MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  August 03, 2017 (REPORT 31)                        

SOUTH AMERICA                                                    
INFORMATION GATHERED  07/24/2017 - 08/04/2017                    
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 steady to lower. The weaker demand from Brazil 
pushed down the top of the pricing range. Meanwhile, moderate WMP 
export activity from Argentina/Uruguay to Russia and Algeria 
maintained unchanged the bottom of the pricing range. Regional WMP 
production is active. Inventory levels are increasing in most 
processing plants. 

The July 2017 Dairy Market News monthly average price per metric ton 
for SMP in the southern Cone of South America is $2,982. 

At the GDT Event 193 on August 1, whole milk powder (WMP) prices 
across all contract periods averaged $3,155 per metric ton, up 1.3 
percent from the last event.

26% BUTTERFAT:                           3,100 - 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