MD_DA136

     Skim Milk Powder - South America

     Report 5 - Released on January 31, 2019

     South America f.o.b. export prices for skim milk powder (SMP) shifted down on light trading.
     Prices have been very volatile during the past couples of weeks, which is typical for a
     niche market, especially in uncertain circumstances. Prices are reflecting slow export
     transactions within and outside the Mercosur bloc. In general, SMP production is unsteady,
     while inventories are mixed throughout the continent. Market conditions are expected to be
     clearer during the next upcoming weeks, but for now, the market is unsettled for most
     contacts in the industry.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Skim Milk Powder
     Price Range - 1.25% Butterfat; $/MT:                   2,475 - 2,775


     Information for the period January 21 -  February 1, 2019, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@ams.usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: http://www.ams.usda.gov/market-news/dairy
     DMN Database Portal: http://www.marketnews.usda.gov/mnp/da-home