MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  August 17, 2017 (REPORT 33)                        

SOUTH AMERICA                                                    
INFORMATION GATHERED  08/07/2017 - 08/18/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):                                         
                                                                                                                                                                                                                                                               
F.O.B. export prices for whole milk powder (WMP) are mixed in the 
Southern Cone region. Some exports from Argentina/Uruguay to Russia 
and Algeria pulled up the bottom of the pricing range, while a few 
export transactions to Brazil pushed down the top. Outside the 
Mercosur bloc, the demand for WMP is fair/good, but is sluggish 
within the zone, principally from Brazil. WMP production is active as 
farm milk output continues improving across the region. In general, 
WMP inventories are steady to building.

According to the Brazilian government, WMP imports from January to 
July 2017 totaled 56.6 million tons, down 20 percent from the same 
period in 2016. From this total, imports from Uruguay, Argentina, and 
Chile represented 62, 33, and 4 percent, respectively. 

At the GDT Event 194 on August 15, whole milk powder (WMP) prices 
across all contract periods averaged $3,143 per metric ton, down 0.6 
percent from the last event.

26% BUTTERFAT:                           3,150 - 3,450           


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