MD_DA136 Skim Milk Powder - South America Report 27 - Released on July 08, 2021 Skim milk powder (SMP) F.O.B. export prices are a bit lower in the Southern Cone of South America, resulting in some downward price movements at various offshore markets. There are reports additional condensed skim milk volumes are clearing into dryers. In turn, some operations’ SMP production schedules are fairly active. SMP inventory levels have become a bit more available in the market. Export activities are somewhat mixed. Market participants are working through spot/contract needs. However, there are many buyers/traders watching to see where SMP pricing leads. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 3,000 - 3,125 Information for the period June 28 - July 9, 2021, issued biweekly Published by: Dairy Market News - Madison, WI JESSICA MUELLER, 608-422-8589 Email: jessica.mueller@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