MD_DA136

     Skim Milk Powder - South America

     Report 13 - Released on March 28, 2019

     In the Southern Cone of South America, skim milk powder (SMP) f.o.b. export prices adjusted
     lower, following recent SMP downward pricing movements in some offshore auctions. SMP
     production is sporadic, but inventories remain readily available to meet immediate needs.
     The trading activity within and outside the continent is reported as sluggish with
     expectations to improve a little bit during the upcoming fall festivities.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Skim Milk Powder
     Price Range - 1.25% Butterfat; $/MT:                   2,275 - 2,575


     Information for the period March 18 - 29, 2019, issued biweekly

     Secondary Sourced Information:

     At the GDT Event 232 on March 19, skim milk powder (SMP) prices across all contract periods
     averaged $2,405 per metric ton, down 2.4 percent from the last event
     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: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (MyMarketNews): https://mymarketnews.ams.usda.gov/
     DMN Database Portal: https://www.marketnews.usda.gov/mnp/da-home