MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  January 07, 2016 (REPORT 1)                        

OCEANIA                                                          
INFORMATION GATHERED  12/28/2015 - 01/08/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):   

The market for skim milk powder is steady, with prices unchanged. The 
relative stability of SMP markets in the EU is a factor because 
intervention there tends to keep a floor under prices while top of range 
pricing there modestly varied this week. Additionally, hot and dry summer 
weather in Australia is weighing on milk production volumes and hence, 
the volumes of milk needing to go to dryers. This product is very attuned 
to export markets and pricing from other exporting areas of the world.                                       
                                                                 
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