MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  June 22, 2017 (REPORT 25)                          

OCEANIA                                                          
INFORMATION GATHERED  06/12/2017 - 06/23/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):   

	Oceania skim milk powder prices slightly firmed. Prices in the 
EU remain higher, leading some buyers to now begin to more actively 
seek out deals in Oceania and reach out to sellers they have not done 
much business with before.
       This year, January-April, Australia SMP exports show a 22.7 
percent decline from the same period one year earlier, according to 
Eucolait. Export volumes and primary destinations are shown in the 
following table:
       
  		 Australia SMP Exports
		 Main Three Destinations 
		 January-April 2017 
 
Destination     Quantity(MT)   % of Total  
Indonesia        12,448           25.5% 
China             7,956           16.3% 
Malaysia          5,183           10.6%

       At GDT Event 190 on June 20, the SMP all contracts price 
increased 1.4%.
                                       
                                                                 
1.25% BUTTERFAT:                         2,025 - 2,175           


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