MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  June 11, 2015 (REPORT 23)                          

OCEANIA                                                          
INFORMATION GATHERED  06/01/2015 - 06/12/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Whole milk powder prices moved lower on both 
ends of the range.  Supplies available for export are predominately via 
New Zealand.  Demand from China has been sluggish and below expectations, 
but some Southeast Asian countries been fairly active buyers.  Singapore 
has been especially active with purchases of WMP for blending and re-
exporting purposes.  The market continues to have a weak undertone.

At the June 2 GDT event 141, the WMP pricing index, across all 
contracting periods, averaged $2,309 per MT, down 3.1% compared to the 
prior event.  For contract periods 1 and 2, July and August, NZ regular 
WMP averaged $2,180 and $2,225 per MT.

26% BUTTERFAT:                           2,175 - 2,400           

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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