MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  June 08, 2017 (REPORT 23)                          

OCEANIA                                                          
INFORMATION GATHERED  05/29/2017 - 06/09/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  

      Oceania skim milk powder prices slightly firmed, but remain 
below the highest prices of the year.  New Zealand exports of 
SMP January-April, 2017, are down 16.6% in tons compared with 
January-April 2016, but are up 3.8% in value, to $314.1 million, 
according to CLAL. At GDT Event 189 on June 6, the SMP all 
contracts price increased 7.9% and the July contract price 
increased 7.2%. The Dairy Market News international monthly average 
price in dollars/metric ton for Oceania SMP prices in May, 2017, 
$2,004, compares with $1,719 one year earlier.                                           
                                                                 
1.25% BUTTERFAT:                         2,000 - 2,150  

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