MD_DA106 Skim Milk Powder - Europe Report 25 - Released on June 23, 2022 Both ends of the price range for European skim milk powder (SMP) moved lower this week. Contacts report that sales of SMP are mixed. Some German SMP producers say that purchasers are only buying loads when needed, though contract purchasing is steady within the country. A few spot sellers are offering loads of SMP at discounted prices to clear holdings ahead of any potential downturn in demand in the coming months. Export demand for SMP is down compared to this time last year, as contacts note less interest from purchasers in China. Milk output is declining and is contributing to reduced SMP production. Inventories of SMP are available but remain in good balance with demand. Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 4,075 - 4,575 Information for the period June 13 - 24, 2022, issued biweekly Published by: Dairy Market News - Madison, WI DANIEL JOHNSON, 608-422-8605 Email: daniel.johnson4@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