MD_DA136

     Skim Milk Powder - South America

     Report 17 - Released on April 25, 2019

     During the past two weeks, in the Southern Cone region, free on board export prices for skim
     milk powder (SMP) moved up, parallel with recent uptick SMP pricing trends in some offshore
     auctions. At this moment, the production of SMP is lethargic as condensed skim volumes
     continue being very tight in most balancing plants. According to several industry contacts,
     the regional SMP market will continue firming as demand is well about the current supply.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Skim Milk Powder
     Price Range - 1.25% Butterfat; $/MT:                   2,350 - 2,650


     Information for the period April 15 - 26, 2019, issued biweekly

     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: http://www.ams.usda.gov/market-news/dairy
     DMN MARS (MyMarketNews): https://mymarketnews.ams.usda.gov/