Whole Milk Powder - Europe
USDA - Thu Dec 07, 9:34AM CST
MD_DA107                                                         
DA                                                               
MD DA107 Whole Milk Powder - Europe                              

MADISON, WI.  December 07, 2017 (REPORT 49)                      

WESTERN EUROPE                                                   
INFORMATION GATHERED  11/27/2017 - 12/08/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP): 

       Whole milk powder prices in Western Europe are steady to lower. Pricing in 
Germany tends to be a bit higher than in the Netherlands. However, there is not 
very much product moving through markets this week. Many internal EU customers 
are adequately stocked. Their expectation is that prices will remain near to 
present pricing in the coming weeks. Thus, few buyers feel the need to increase 
holdings as the year draws closer to the end. 
       Export markets are also slow because many international buyers feel pricing 
and other factors in Oceania make that region a better source at this time. 
       EU WMP production this year, January-September, was 2.6 percent higher than 
the same period last year according to CLAL. Among primary producing countries, 
WMP production for this year compared to last year was: Germany, -2.93 percent; 
Netherlands, +10.64 percent; and France, +3.19 percent.
       
                                                                 
26% BUTTERFAT:                           2,950 - 3,200        



0930CT eric.graf@ams.usda.gov 
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home