MD_DA137

     Whole Milk Powder - South America

     Report 31 - Released on August 04, 2022

     Whole milk powder prices are unchanged. GDT prices have come under some pressure in recent
     events, but whole milk powder in the South American region, like its counterpart in the
     United States, dry whole milk, is somewhat tight as milk production and component levels
     (emphasis on fat) have not been consistent across the South American continent. According to
     reports, Algerian importers are keeping Argentina producers/traders busy. Brazilian imports
     are also increasing incrementally. Increased demand from the Middle East, North Africa, and
     neighboring South American importers has helped offset the dearth left by Russia and Eastern
     Europe.
     Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible
     Whole Milk Powder
     Price Range - 26% Butterfat; $/MT:                     4,200 - 4,800


     Information for the period July 25 -  August 5, 2022, issued biweekly

     Secondary Sourced Information:

     At GDT Event 313, on August 2, whole milk powder prices across all contracts averaged
     $3,544 per metric ton, down 6.1 percent from the previous GDT event.
     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)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov