MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  December 10, 2015 (REPORT 49)                      

OCEANIA                                                          
INFORMATION GATHERED  11/30/2015 - 12/11/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): Skim milk powder prices in Oceania are slightly 
weaker, reflecting market conditions. Some buyers still demand SMP from 
the region which helps maintain pricing even as competition from the U.S. 
and Europe plays out in markets.  This keeps many sellers feeling 
comfortable in holding out when presented price bids deemed too low.                                       
At the December 1 GDT event 153, SMP for all regions and contracting 
periods averaged $1,918 per MT, +3.2%.  For trading in contract 
period 2, February, prices averaged $1,886 for NZ sourced medium heat 
product, up $47 from the prior event.                   

1.25% BUTTERFAT:                         1,725 - 2,050           

0930c 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