MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  April 28, 2016 (REPORT 17)                         

OCEANIA                                                          
INFORMATION GATHERED  04/18/2016 - 04/29/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

Whole milk powder prices in Oceania are mixed, with an increase in 
lower range pricing but unchanged at the top of the range. This 
follows GDT Event 162 on April 19, where all contract periods 
slightly firmed, with an all contract increase of 7.5%. Export 
activity varies between Australia and New Zealand. Ecolait reports 
that 2016 New Zealand WMP exports through February compared with 
January-February 2015 increased 0.4%. In Australia, WMP exports 
declined 26.2%. During the first two months of 2016, the main 
destinations for New Zealand WMP exports and percentage of total WMP 
exports for the period were: China 28.9%; UEA 7.3%; and Viet Nam 
5.7%. For Australia, WMP exports and percentage of total WMP exports 
for the period were: Sri Lanka 21.6%; China 16.8%; and Singapore 
16.6%.
                                       
                                      
                                                                 
26% BUTTERFAT:                           2,000 - 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