MD_DA137 Whole Milk Powder - South America Report 19 - Released on May 09, 2019 Free on board export prices of whole milk (WMP) adjusted slightly down among the main exporting countries of dairy products in the Southern Cone region of South America. The market tone is unsettled right now. It seems that the WMP supply is somewhat exceeds the immediate interest of the customers. Contrasting with a couple of weeks ago, the drying schedules for condensed whole milk are more active, stirred by higher farm milk yields across the region. WMP inventories vary from plant to plant. The bottom price of the range is reflecting some extra-Mercosur transactions, principally to Algeria, while the top is mirroring moderate WMP exports to Brazil. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Whole Milk Powder Price Range - 26% Butterfat; $/MT: 3,075 - 3,425 Information for the period April 29 - May 10, 2019, issued biweekly Secondary Sourced Information: At the GDT Event 235 on May 7, whole milk powder (WMP) prices across all contract periods averaged $3,249 per metric ton, down 0.5 percent from the last event. 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 Database Portal: http://www.marketnews.usda.gov/mnp/da-home