MD_DA137   ****  Correction to Report on Thursday, October 12, 2023  ****

     Whole Milk Powder - South America

     Report 41 - Released on October 13, 2023

NOTICE: After October 16, 2023, all information found on this report will transition to a new PDF format. 
The same data will be collected and disseminated through AMS Marketing Analysis and Reporting 
Services (MARS) platform. The new pdf report can be accessed on the AMS website at:
https://www.ams.usda.gov/mnreports/ams_1042.pdf



     Whole milk powder (WMP) prices are unchanged in the South American region. Markets are not
     viewed as bullish or bearish, but quiet to steady. Interests from Brazil, the Middle East
     and North Africa are on par with recent weeks. Comparatively speaking, Brazilian importers
     have not kept pace with 2022, but they are still seeking out WMP from neighboring trading
     partners, namely Argentina. Uruguay continues to ship WMP into Africa and the surrounding
     region. Global market tones have shifted to a more bullish status. In recent years, milk
     output has been lighter in the major dairy sectors of South America. This has kept commodity
     markets from directly mirroring those of other world locales. However, milk output is
     picking up to a more "normal" pace following a year-long drought.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Whole Milk Powder
     Price Range - 26% Butterfat; $/MT:                     3,200 - 3,400


     Information for the period October 2 - 13, 2023, issued biweekly
     *** Date updated to represent 2 week period***
     Published by:
     Dairy Market News - Madison, WI
     ISRAEL WEBER, 608-422-8601
     Email: Israel.Weber@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8587
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov