MD_DA107 Whole Milk Powder - Europe Report 9 - Released on March 04, 2021 In Western Europe the whole milk powder price range firmed. Export demand in particular is quite active. During 2020 there were increased export volumes compared to 2019. The current price differential with Oceania, where stocks are tighter, is leading to more inquiries from new potential export customers. Western European sources note that the increasing global demand for fat has resulted in higher prices being demanded and enforced. Some sources also point to the euro weakening against the New Zealand dollar. Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Whole Milk Powder Price Range - 26% Butterfat; $/MT: 3,575 - 3,725 Information for the period February 22 - March 5, 2021, issued biweekly Secondary Sourced Information: EU annual 2020 WMP production decreased 1.2 percent from 2019 annual WMP production according to CLAL data made available to USDA. Among some of the top WMP producers, the percentage changes during 2020 compared with 2019 are Germany, -11.5 percent; France, +19.4 percent; and Netherlands, +0.6 percent. Calendar year 2020 WMP exports from the EU, 342,075 MT, increased 8.5 percent from calendar year 2019 according to Eucolait. Top 2020 export destinations, quantity exported, and percent of calendar year 2020 exports include Oman, 40,433 MT, 13.7 percent; Algeria, 36,197 MT, 12.2 percent; and United Kingdom, 25,241 MT, 8.5 percent. WMP Export Volumes and Percent Change 2019/2020 WMP (FAS codes 040221 + 040229) Country Volume MT Percent Change New Zealand 1,532,756 -0.2 EU 342,075 +8.5 USA 38,638 -2.1 Australia 36,860 -11.7 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 (My Market News): https://mymarketnews.ams.usda.gov