MD_DA106                                                         
DA                                                               
MD DA106 Skim Milk Powder - Europe                               

MADISON, WI.  May 09, 2013 (REPORT 19)                           

WESTERN EUROPE                                                   
INFORMATION GATHERED  04/29/2013 - 05/10/2013                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  European skim milk powder prices are 
trending lower.  The market undertone is unsettled to weaker 
with buying interest less aggressive than in recent weeks.  
Lower prices in the Oceania region and the backing off on demand 
are noted.  Buyers have more coverage and are more comfortable 
with current positions.  There is reluctance on negotiating for 
Q3 and later needs.  Production levels are mainly steady across 
Europe.  Some regions are receiving and processing additional 
milk supplies.  Holdings of traders/handlers are at light to 
moderate levels.  European SMP offered at the May 1 gDT trading 
event traded at $3,925 - 4,220 per MT for July shipment.         
                                                                 
1.25% BUTTERFAT:                         3,900 - 4,300           

0930c Butch.Speth@ams.usda.gov 608.278.4152