MD_DA137                                                         
DA                                                               
MD DA137 Whole Milk Powder - South America                       

MADISON, WI.  September 28, 2017 (REPORT 39)                     

SOUTH AMERICA                                                    
INFORMATION GATHERED  09/18/2017 - 09/29/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            
                                               
WHOLE MILK POWDER (WMP):                                         

      In the Southern Cone region of South America, f.o.b. export 
prices for whole milk powder (WMP) are steady to lower on light to 
moderate trading. With a weaker demand from Brazil, WMP exports to 
this country are slow with a lower premium, reflected on the top of 
the pricing range. Meanwhile, many WMP processors are selling outside 
the Mercosur region at unchanged prices, mirrored on the bottom value 
of the range. Some regional countries such as Uruguay are looking for 
new offshore markets, especially in Asia. WMP production within the 
Southern Cone region is ongoing as farm milk intakes continue 
improving. WMP inventories are generally steady to building. 

      At the GDT Event 196 on September 19, whole milk powder (WMP) 
prices across all contract periods averaged $3,122 per metric ton, up 
0.6 percent from the last event.

26% BUTTERFAT:                           3,250 - 3,400           


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