Whole Milk Powder - Europe

     Whole Milk Powder - Europe

     Report 49 - Released on December 06, 2018

     Whole milk powder prices in Europe are steady to lower. WMP production is expected to remain
     steady in most European countries, as is buying. The market tone overall is steady. Buying
     interest is being met and inventories are at levels comfortable to manufacturers. Most sales
     are to customers in Europe, due to proximity, as well as the challenge of making export
     deals when Oceania product emphasis is on making WMP and pricing in Oceania is lower. Most
     ongoing buyers have contracts to cover the next few months. Deals for deliveries beyond that
     time are still being discussed. WMP activity is pretty quiet.
     Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Whole
     Milk Powder
     Price Range - 26% Butterfat; $/MT:                     3,000 - 3,175

     Information for the period November 26 -  December 7, 2018, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: eric.graf@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