MD_DA136 Skim Milk Powder - South America Report 41 - Released on October 10, 2019 In the Southern Cone region, free on board export prices for skim milk powder (SMP) are mixed on a wider range. The market undertone is currently unsteady. However, this situation may change in the upcoming weeks as this niche market is very volatile. With most balancing plant managers focusing on converting condensed milk volumes into WMP, drying schedules for skim milk have been limited in some drying facilities. Therefore, SMP inventories vary from plant to plant across the region. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 2,375 - 2,725 Information for the period September 30 - October 11, 2019, issued biweekly Secondary Sourced Information: At the GDT Event 245 on October 1, skim milk powder (SMP) prices across all contract periods averaged $2,674 per metric ton, up 2.7 percent from the last event. 2019 Brazil SMP Imports (USDA-COMEX) 2019 Imports % Change From (Thousand MT.) 1 Year Ago Sep 2.7 + 107 TOTAL, JAN - SEP 15.3 + 9 Uruguay 8.1 + 78 Argentina 6.8 - 8 United States 0.4 - 58 Published by: Dairy Market News - Madison, WI ANGEL TERAN-RAMOS, 6084228593 Email: angel.teran@usda.gov Additional Dairy Market News Information: Dairy Market News (DMN) by Phone: (608)422-8602 DMN Website: https://www.ams.usda.gov/market-news/dairy DMN MARS (My Market News): https://mymarketnews.ams.usda.gov