MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  June 11, 2015 (REPORT 23)                          

OCEANIA                                                          
INFORMATION GATHERED  06/01/2015 - 06/12/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Skim milk powder prices moved marginally lower.  
Demand remains slow as many buyers in Southeast Asia have their needs 
covered and are taking a wait and see attitude prior to making any 
additional purchases.  Active production schedules in the US and the EU 
are contributing to the weak market undertone. 

At the June 2 GDT event 141, SMP for all regions and contracting periods 
averaged $1,982 per MT, -1.3%.  For trading in contract period 2, August, 
prices averaged $1,920 for NZ sourced medium heat product, down $60 from 
the prior event.                   
                                                                 
1.25% BUTTERFAT:                         1,900 - 2,200           

0930C rick.whipp@ams.usda.gov 608.557.7004
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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