USDA - Thu Aug 27, 2:30PM UTC MD_DA136
Skim Milk Powder - South America
Report 35 - Released on August 27, 2020
In the past couple of weeks, no major changes had happened in the South American skim milk
powder (SMP) market, reflected on steady free on board export prices. The SMP market is
mostly stable, which is somewhat atypical for a niche market that is normally very volatile.
The production of skim milk powder (SMP) has been more active prompted by higher condensed
skim milk volumes. However, SMP inventories are reported to be in balance with most spot and
contractual needs.
Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
Skim Milk Powder
Price Range - 1.25% Butterfat; $/MT: 2,550 - 2,700
Information for the period August 17 - 28, 2020, issued biweekly
Secondary Sourced Information:
At the GDT Event 266 on August 18, skim milk powder (SMP) prices across all contract periods
averaged $2,608 per metric ton, up 1.1 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: https://www.ams.usda.gov/market-news/dairy
DMN MARS (My Market News): https://mymarketnews.ams.usda.gov
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