MD_DA136 Skim Milk Powder - South America Report 19 - Released on May 07, 2020 F.O.B. export prices for skim milk powder (SMP) shifted lower in the Southern Cone of South America, following bearish pricing tendencies at the international level. Due to COVID-19, more milk volumes are clearing into milk powder, resulting in higher SMP production. SMP inventories are readily available throughout the region. Export trading is very light inside and outside the Mercosur bloc. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 2,400 - 2,600 Information for the period April 27 - May 8, 2020, issued biweekly Secondary Sourced Information: At the GDT Event 259 on May 5, skim milk powder (SMP) prices across all contract periods averaged $2,373 per metric ton, down 0.1 percent from the last event. 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