MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  May 12, 2016 (REPORT 19)                           

OCEANIA                                                          
INFORMATION GATHERED  05/02/2016 - 05/13/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):    

Whole milk powder prices weakened this week. This follows GDT Event 
163 last week on May 3, when WMP prices declined for Contract 1. 
Australian whole milk powder production during January 2016, was up 
30.2% from the prior month, according to Dairy Australia. For the 
2015/16 season through January WMP production was down 16.2% compared 
with the prior comparable period of 2014/15. WMP exports from 
Australia January-February 2016 compared to 2015, decreased 22%, 
according to GTA. New Zealand exports were even with the prior year.
                                                                                                     
26% BUTTERFAT:                           1,975 - 2,075           





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