USDA South America Whole Milk Powder 09/10 09:20

AMS_1042 MARS

Whole Milk Powder - South America

Released on September 10, 2026

South American whole milk powder (WMP) markets are stable. Argentina's WMP 
production increased 12.5 percent during January-July, while end-of-July stocks 
declined 20.2 percent from a year earlier. Argentina continues to operate as a 
net exporter. Brazilian purchasing is steady, with year-to-date imports about 
25 percent higher than a year ago, indicating stronger demand, and contacts 
report some fourth-quarter needs remain uncovered. Algeria is active, with 
larger buyers issuing Requests for Quotation (RFQs) for October-forward 
shipments, and more activity is expected. Supply for prompt shipment is 
available and production is running at healthy levels, leaving the market well 
balanced. Contacts note that WMP offers are generally sitting in the USD 
3,700-3,750/mt FOB range.

Prices for: South America, All First Sales, Free on Board - Port, Edible Whole 
Milk Powder
Price Range - 26% Butterfat; Dollars per Metric Ton: 3450 - 4500


Information for the period August 31 -  September 11, 2026, issued biweekly

Secondary Sourced Information:

N/A

[0600059B]