MD_DA127 DA MD DA127 Whole Milk Powder - Oceania MADISON, WI. April 30, 2015 (REPORT 17) OCEANIA INFORMATION GATHERED 04/20/2015 - 05/01/2015 U.S. DOLLARS PER METRIC TON, FOB PORT WHOLE MILK POWDER (WMP): Prices for WMP moved lower as uncommitted supplies continue to weigh on the market. Demand is significantly below year ago levels, primarily due to China's reduction in purchases compared to last year. A majority of Australian manufacturers are comfortable with their inventory levels. The market has a weak undertone. Whole milk powder exports for January to February, released by GTIS, saw Australian exports decline 43%. New Zealand's exports were down 7.3% year over year with China leading destination for export volumes in February. 26% BUTTERFAT: 2,300 - 2,900 0930C rick.whipp@ams.usda.gov 608.557.7004 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- home