USDA South America Whole Milk Powder 11/20 11:05

AMS_1042 MARS

Whole Milk Powder - South America

Released on November 20, 2025

Whole milk powder (WMP) prices are unchanged for week 47. Seasonally stronger 
farm level milk output and healthy fat component levels continue to push full 
WMP production schedules. Brazilian market demand for WMP is moderate with many 
November needs met for Brazilian buyers. Outside of Brazil, demand varies from 
steady to stronger. CLAL.it data shows bullish price movements for South 
American WMP since October and higher prices for 2025 compared to prices in 
2024. WMP production and exports for Argentina and Uruguay are up for 2025. WMP 
imports for Brazil are down for 2025.

Prices for: South America, All First Sales, Free on Board - Port, Edible Whole 
Milk Powder
Price Range - 26% Butterfat; Dollars per Metric Ton: 3650 - 5000


Information for the period November 10 - 21, 2025, issued biweekly

Secondary Sourced Information:

N/A

[0600059B]