The skim milk powder market is unsettled with prices unchanged. Production for Q2 is mostly under contract with Q3 negotiations underway. Dryers are operating at capacity, with some whey drying towers being utilized to augment production in some areas. Significant volumes of skim milk concentrate continue to be offered at discount priecs. Product is more readily available in Eastern Europe for spot sale. SMP stocks are building, primarily in Eastern Europe, with only moderate increases in Western Europe. Export activity is light as many buyers are delaying purchasing, expecting heavy production schedules will lower prices. Manufacturers, on the other hand, are hoping the results of a large tender will support prices. The market undertone is steady to weak.