MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  November 24, 2015 (REPORT 47)                      

OCEANIA                                                          
INFORMATION GATHERED  11/16/2015 - 11/27/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Oceania skim milk powder prices are trending 
lower in tandem with other powder pricing. Buyers are not motivated to 
finalize purchases due to good existing inventories as well as a feeling 
that prices will continue to show weakness. A number of sellers do not 
feel motivated to be more price flexible to make sales and are content to 
hold inventories in hopes of future price firming. Production is steady.                                      
                                                                 
1.25% BUTTERFAT:                         1,750 - 2,100           

0230c Eric.Graf@ams.usda.gov 608.557.7005
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home