MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  January 21, 2016 (REPORT 3)                        

OCEANIA                                                          
INFORMATION GATHERED  01/11/2016 - 01/22/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices weakened at the top of the price range while the 
bottom remained steady, in part reflecting the influence of intervention 
in the EU. A weaker price outcome in GDT event 156 this week reflects the 
impact of heavier supplies looking for buyers. There is growing concern 
with the increasing global milk supplies even with some hot weather 
impact in Oceania mitigating volumes there.                                        
                                         
                                                                 
1.25% BUTTERFAT:                         1,725 - 1,900           




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