MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  February 19, 2015 (REPORT 7)                       

OCEANIA                                                          
INFORMATION GATHERED  02/09/2015 - 02/20/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Prices firmed significantly again this period 
as most buyers perceive supplies tightening in New Zealand.  Demand has 
increased as buyers are attempting to secure loads ahead of possible 
future price increases.  Demand from China is consistent with levels 
experienced over the last number of weeks.  Whole milk powder supplies 
are more readily available from New Zealand rather than Australia.  At 
the February 17 GDT event 134, the WMP pricing index, across all 
contracting periods, averaged $3,272 per MT, up 13.7% compared to the 
prior event.  For contract periods 2 and 3, April and May, NZ regular WMP 
averaged $3,210 and $3,230 per MT. 

26% BUTTERFAT:                           2,900 - 3,500           

0930C rick.whipp@ams.usda.gov 608.278.4151
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-
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