MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  April 02, 2015 (REPORT 13)                         

OCEANIA                                                          
INFORMATION GATHERED  03/23/2015 - 04/03/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   WMP prices moved lower on both ends of the 
range.  "Bearish" is how many participants describe market conditions.  
Pressure from EU WMP supplies as an alternative source is mentioned.  
Conditions reflect the factor that a number of large buyers have already 
covered their needs through the third quarter.  At the April 1 GDT event 
137, the WMP pricing index, across all contracting periods, averaged 
$2,538 per MT, down 13.3% compared to the prior event.  For contract 
periods 2 and 3, June and July, NZ regular WMP averaged $2,450 and $2,550 
per MT. 
                                      
26% BUTTERFAT:                           2,450 - 3,100           

0930C eric.graf@ams.usda.gov 
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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