MD_DA107

     Whole Milk Powder - Europe

     Report 17 - Released on April 25, 2019

     Whole milk powder prices in Western Europe increased at the low end of the price range but
     remained steady at the top. WMP in Western Europe tends to be a generally steady market with
     a great deal of constancy among internal EU customers. The Western European WMP production
     focus is on EU markets.

      Internal EU buyers have been actively buying WMP for near term use within expected
     patterns. Manufacturers are prepared and WMP is readily available. Thus, there has been
     little impact on pricing. Contracting for coming months is well underway with manufacturers
     and buyers being pretty close as to price expectations.
     Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Whole
     Milk Powder
     Price Range - 26% Butterfat; $/MT:                     3,250 - 3,450


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

     Secondary Sourced Information:

     While the EU ranks second to New Zealand globally in January-February 2019 WMP exports, it
     is a very distant second. New Zealand exports over six times as much WMP as the EU,
     according to GTA.

     EU WMP exports January-February 2019, 49,000 MT, decreased 22.3 percent from January-
     February 2018 according to CLAL data provided to USDA.

     EU WMP EXPORTS ± TOP 3 DESTINATIONS

     Percent change January-February 2019/2018

     DESTINATION      MT        PERCENT CHANGE

     Oman             8,917    -37
     Kuwait           3,295     -7
     China            2,654    -20
     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@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/