MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  February 04, 2010 (REPORT 5)                       

WESTERN EUROPE                                                   
INFORMATION GATHERED  01/25/2010 - 02/05/2010                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  European skim milk powder markets and prices are weak.  
The milk production season is slow in developing, thus no significant volumes of 
new skim milk powder are yet on the marketplace.  Current offerings are still 
from last season and are available for immediate shipment.  Skim milk powder 
pricing is still about 10% above intervention levels, thus no powder is being 
readied for offering after March 1 at this time.  Traders and handlers feel that 
intervention activity will be limited once the new program year resumes.                                          
                                                                 
1.25% BUTTERFAT:                         2,650 - 2,900

0930c steve Schneeberger  (608)250-3204