MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  September 14, 2017 (REPORT 37)                     

SOUTH AMERICA                                                    
INFORMATION GATHERED  09/04/2017 - 09/15/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):                                         
                                                                 
      F.O.B. export prices for whole milk powder (WMP) adjusted 
slightly up in the Southern Cone zone of South America. In this 
region, there is enough condensed milk supply and therefore, WMP 
production is ongoing in many plants. With a fair to strong demand 
from Russia, the bulk of WMP sales volume is moving outside the 
Mercosur bloc. Conversely, WMP interest from Brazil is sluggish while 
trading activity is light to moderate. The WMP market undertone is 
steady to weak inside the Mercosur zone, but fair to strong outside 
the bloc. WMP inventories remain large throughout the region. 

	The August 2017 Dairy Market News monthly average price per metric 
ton for WMP in the southern Cone of South America is $3,300. 

	According to the Brazilian government, WMP imports from January to 
August 2017 totaled 62.0 million tons, down 25 percent from the same 
period in 2016. From this total, imports from Uruguay, Argentina, and 
Chile represented 62, 34, and 4 percent, respectively.

26% BUTTERFAT:                           3,250 - 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