MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  June 25, 2015 (REPORT 25)                          

OCEANIA                                                          
INFORMATION GATHERED  06/15/2015 - 06/26/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Whole milk powder pricing trends marginally 
increased, as prices for orders later in the year inched higher.  The 
upper end of the price range was unchanged.  Oceania supplies saw some 
needed relief with good volumes being moved through the Algerian tender.  
The market undertone is weak as most major volume buyers have their near 
term needs covered.  WMP production is tending to be light and matching 
the declines in milk production.  Processors are often making products of 
greatest need and specialty items to maximize returns during the lower 
point of the milk season.  At the June 16 GDT event 142, the WMP pricing 
index, across all contracting periods, averaged $2,327 per MT, down 0.1% 
compared to the prior event.  For contract periods 2 and 3, August and 
September, NZ regular WMP averaged $2,285 and $2,280 per MT.
                                                                 
26% BUTTERFAT:                           2,250 - 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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