MD_DA107

     Whole Milk Powder - Europe

     Report 25 - Released on June 23, 2022

     European prices for whole milk powder (WMP) have slid lower on both ends of the price range.
     Demand for WMP is mixed, and some purchasers are ordering loads to ship in the latter half
     of the year. Stakeholders say that prices for WMP coming from the EU are higher than loads
     coming from other countries. This is contributing to softer export demand and putting some
     downward pressure on prices. Spot inventories of WMP are limited, but in balance with
     demand. Western European WMP makers are running limited production schedules, and primarily
     making loads only when needed.
     Prices for: Europe, All First Sales, Free on Board - Port, Conventional, and Edible Whole
     Milk Powder
     Price Range - 26% Butterfat; $/MT:                     5,325 - 5,800


     Information for the period June 13 - 24, 2022, issued biweekly

     Published by:
     Dairy Market News - Madison, WI
     ROMAN CARAMAN, 608-422-8593
     Email: roman.caraman@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