MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  August 6, 2015 (REPORT 31)                          

OCEANIA                                                          
INFORMATION GATHERED  07/27/2015 - 08/07/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

Whole milk powder prices are lower. There is pressure for the WMP 
sellers to go lower as the supply chain is full. Some dairy 
processors report wanting to store product at current pricing levels. 
There has been a small decline in production. 

According to GTIS, China's whole milk powder imports for June 
continued to decline for the fifth consecutive month. New Zealand 
accounted for 94% of the supply imported into China through June. 
January through June 2015 whole milk powder imports into China were 
56% below year ago levels.  

At the August 4 GDT event 145, the WMP pricing index, across all 
contracting periods, averaged $1,590 per MT, down 10.3% compared to 
the prior event. For September, regular WMP averaged $1,470 per MT.
                                      
                                                                 
26% BUTTERFAT:                           1,450 - 2,000           



0930C Tara.Herbst@ams.usda.gov 608.557.7007
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: http://www.ams.usda.gov/market-news/dairy
Dairy Market News database portal: 
http://www.marketnews.usda.gov/mnp/da-home