MD_DA137 Whole Milk Powder - South America Report 5 - Released on February 02, 2023 The whole milk powder (WMP) price range contracted. Contacts say Brazilian buyers are showing continued interest and this is keeping WMP market tones stable. Brazilian interests are being better served by Southern Cone neighbors, because extra levies and/or freight costs from global suppliers outside of the region are not competitive with Argentinian and Uruguayan processors' offers. What remains to be seen is upcoming milk production and condensed milk availability for processors. Contacts say La Nina effects continue to remain a clear and present concern. Market tones remain similarly steady to bullish, due to the potential limits on availability and continued interest from the largest regional importer. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Whole Milk Powder Price Range - 26% Butterfat; $/MT: 3,700 - 4,000 Information for the period January 23 - February 3, 2023, issued biweekly Published by: Dairy Market News - Madison, WI ISRAEL WEBER, 608-422-8601 Email: israel.weber@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