MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  April 14, 2016 (REPORT 15)                         

AMENDED AFTER SENDING

OCEANIA                                                          
INFORMATION GATHERED  04/04/2016 - 04/15/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   


Current Oceania whole milk powder prices are mixed, with the price 
range contracting, slightly firming at the bottom of the price range 
while weakening at the top. The market was characterized as bumping 
along the bottom. Dairy Australia reports Australia WMP production 
during January, 5,573 MT, was up 30.2% from January 2015. For the 
season through January, 54,902 MT were produced, 16.2% below the same 
period in the prior production season. Primary export destinations 
for New Zealand WMP January-February, 2016, according to Eucolait, 
with percentage of total WMP exports, were: China 28.9%; UEA 7.3%; 
and Vietnam 5.7%.                                                    
                                      
                                                                 
26% BUTTERFAT:                           1,950 - 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