MD_DA107

     Whole Milk Powder - Europe

     Report 11 - Released on March 14, 2019

     Whole milk powder prices in Western Europe are mixed. Prices are weaker at the low end of
     the price range, but higher at the top. The opposite trends reflect varied conditions in
     some of the top Western European WMP producing countries.

     While long term customers tend to enjoy relatively stable prices, intensified demand from
     other buyers has led to some of the increased pricing. Export demand has also recently
     picked up. Production in the near term is expected to be steady.
     Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Whole
     Milk Powder
     Price Range - 26% Butterfat; $/MT:                     3,100 - 3,425


     Information for the period March 4 - 15, 2019, issued biweekly

     Secondary Sourced Information:

     EU WMP production for 2018, 669,570 MT, was 5.2 percent lower than 2017 according to
     Eurostat. December 2018 production was 6.9 percent lower than December 2017. The table
     below shows data for some top milk producing EU countries.

     2018 WMP PRODUCTION PERCENTAGE CHANGE
     2018/2017

     COUNTRY      Percent   2018 MT
     Netherlands  -12.1     161,900
     Germany       +6.3     143,320
     France       -20.0     117,310

     EU WMP exports during 2018, 334,000 MT, decreased 15.1 percent from 2017 according to CLAL.


     EU WMP EXPORTS ± TOP 3 DESTINATIONS

     Metric Tons January-December 2018
     Percent change 2018/2017

     DESTINATION      MT        PERCENT CHANGE

     Oman             48,439    +16.3
     Algeria          26,401    -59.0
     China            21,843     -9.1
     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: eric.graf@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