MD_DA137

     Whole Milk Powder - South America

     Report 7 - Released on February 14, 2019

     In the Southern Cone region of South America, free on board export prices for whole milk
     powder (WMP) are mixed as a few sales outside the region slightly pushed down the bottom
     price of the range. In terms of demand and supply, the market seems to be mostly in balance
     or equilibrium, according to several manufacturers. The regional production of WMP is
     stable, while the interest from Brazil is fair. However, with the end of the protectionist
     tariff on imports of E.U. and Zew Zeland, now the Brazilian market is more open to receive
     offers. This could make regional processors, especially from Argentina and Uruguay, to
     adjust prices down to be more competitive when exporting to Brazil.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Whole Milk Powder
     Price Range - 26% Butterfat; $/MT:                     2,550 - 3,150


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

     Secondary Sourced Information:

     At the GDT Event 229 on February 6, whole milk powder (WMP) prices across all contract
     periods averaged $3,027 per metric ton, up 8.4 percent from the last event.
     Published by:
     Dairy Market News - Madison, WI
     ANGEL TERAN-RAMOS, 6084228593
     Email: angel.teran@ams.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