MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  January 19, 2017 (REPORT 3)                        

OCEANIA                                                          
INFORMATION GATHERED  01/09/2017 - 01/20/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):                                          
                                                                 
1.25% BUTTERFAT:                         2,350 - 2,450           

Skim milk powder prices in Oceania are steady. So far the recent 
steps to divert some milk into WMP production from SMP and butter has 
not yet appeared to impact SMP prices. Some buyers also note the 
impact of awareness of SMP prices in Oceania remaining at a bit of a 
premium over prices in Western Europe. That factor, coupled with the 
uncertainty about sale of intervention stocks back into the market, 
is believed to be keeping prices from increasing at this time. 
Australian 2016 exports of SMP through November decreased 18.4% from 
the same period of 2015, according to Eucolait. Main destinations and 
percent of the total were Indonesia, 23.4%; Malaysia, 10.9%; and 
China, 10.2%. At GDT Event 180 on January 17, 2017, the all contracts 
SMP price percentage change was -1.6%.



0930c eric.graf@ams.usda.gov 
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