MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  May 26, 2016 (REPORT 21)                           

OCEANIA                                                          
INFORMATION GATHERED  05/16/2016 - 05/27/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP): 

Whole milk powder prices in Oceania strengthened at 
the each end of the price range. Factors supporting 
price strength are the nearing of the end of the milk 
production season and stronger prices in the EU. 
Stronger pricing also emerged during GDT Event 164 on 
May 17, when WMP in the early contract periods 
increased 3.3% and 3.7%. Dairy Australia reports that 
WMP exports from Australia July 2015-March 2016, were 
even with the same portion of the last production 
season. However, the value of WMP exports increased 
63.4%. New Zealand WMP exports January-March this year 
are down 15.4% from the same period of 2015, according 
to Eucolait.                         
                                   
                                                                 
26% BUTTERFAT:                           2,025 - 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