MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  May 28, 2015 (REPORT 21)                           

OCEANIA                                                          
INFORMATION GATHERED  05/18/2015 - 05/29/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Prices for WMP moved slightly lower this 
reporting period.  Demand is steady at best with movement into Southeast 
Asia and Japan, while interest from China remains sluggish.  Demand from 
Africa is focused on available supplies in Europe, primarily due to the 
favorable transportation cost differential.  Some manufacturers are 
offering product through the remainder of 2015.  At the May 19 GDT event 
140, the WMP pricing index, across all contracting periods, averaged 
$2,390 per MT, down 0.5% compared to the prior event.  For contract 
periods 2 and 3, July and August, NZ regular WMP averaged $2,295 and 
$2,385 per MT.
                                                                 
26% BUTTERFAT:                           2,275 - 2,500           

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-
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