MD_DA136 Skim Milk Powder - South America Report 35 - Released on August 27, 2020 In the past couple of weeks, no major changes had happened in the South American skim milk powder (SMP) market, reflected on steady free on board export prices. The SMP market is mostly stable, which is somewhat atypical for a niche market that is normally very volatile. The production of skim milk powder (SMP) has been more active prompted by higher condensed skim milk volumes. However, SMP inventories are reported to be in balance with most spot and contractual needs. Prices for: South America, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 2,550 - 2,700 Information for the period August 17 - 28, 2020, issued biweekly Secondary Sourced Information: At the GDT Event 266 on August 18, skim milk powder (SMP) prices across all contract periods averaged $2,608 per metric ton, up 1.1 percent from the last event. Published by: Dairy Market News - Madison, WI ANGEL TERAN-RAMOS, 6084228593 Email: angel.teran@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