MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  February 18, 2016 (REPORT 7)                       

OCEANIA                                                          
INFORMATION GATHERED  02/08/2016 - 02/18/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Pricing is weaker. There is discussion about 
New Zealand production being more significant than had been expected, 
which is weighing on markets. A small but growing market is sales at 
retail in 1kg sachets. Some supermarkets have created store displays 
piled with the product, in demand domestically as well as from tourists 
who carry it when traveling to Asia. The current Oceania price range is 
below the range one year ago, which was 2,900 - 3,500. At the February 16 
GDT event 158, WMP for all regions and contracting periods averaged 
$1,890 per MT, -3.7%.  For trading in contract period 2, April, prices 
averaged $1,862, -3.9% from the prior event.  
                                       
                                                                 
26% BUTTERFAT:                           1,835 - 2,100           


0930c Eric.Graf@ams.usda.gov 608.557.7005
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