agricultural · input
Skim Milk Powder (SMP) / Whole Milk Powder (WMP)
Spray-dried milk powders providing casein protein and additional lactose. SMP is the dominant global dairy commodity traded on GDT auctions run by Fonterra. New Zealand, EU, and US are leading exporters. Fonterra alone accounts for ~30% of global dairy trade. Formula manufacturers typically hold 60-90 day inventory buffers.
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Goods affected
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Claims on record
What depends on it
Goods that need this input
1 essential American goods rely on skim milk powder (smp) / whole milk powder (wmp) somewhere upstream in their supply chain.