MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  March 31, 2016 (REPORT 13)                         

OCEANIA                                                          
INFORMATION GATHERED  03/21/2016 - 04/01/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP): 

Skim milk powder prices are unchanged. The current pricing range is 
$825-$1,100 MT below the price range one year ago, $2,500-$2,900 MT. 
According to CLAL, the volume of the top SMP importer during January 
2016, China, was 33,486 MT, up 43% from January 2015. New Zealand 
ranked second in global SMP exports during January 2016, exporting 
51,515 MT, up 14% from January 2015. Australia ranked fourth during 
January 2016, exporting 18,893 MT, up 13%. Dairy Australia reports 
that January 2016 SMP production in Australia was 15.5% lower than 
January a year earlier. Lower January SMP production volumes in the 
face of higher exports from the region is helping chip away at 
inventories. However some milk may have shifted into WMP production 
so in terms of handling the overall milk supply, there remains some 
uncertainty as to the significance of the January data.                                                                                               
                                                                 
1.25% BUTTERFAT:                         1,675 - 1,800           




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