MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  August 04, 2016 (REPORT 31)                        

OCEANIA                                                          
INFORMATION GATHERED  07/25/2016 - 08/05/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):   

Whole milk powder prices in Oceania firmed at each end of the 
price range. The prevailing higher price levels in the EU are 
referred to as a factor helping to strengthen WMP prices in 
Oceania. WMP remains a significant dairy product focus of 
manufacturers and many customers have long buying relationships 
and affinities for their sources. 
At GDT Event 169 on August 2, WMP prices for the September 
contract increased 10.4%, and the all contract price increased 
9.9%. Every contract period reflected strengthened pricing. New 
Zealand whole milk powder exports January-June 2016 decreased 
3.0% from the same period of 2015 according to Eucolait. The top 
three export destinations and percentage of total exports are: 
China, 26.4%; Algeria, 9.1%; and UAE, 8.4%.
                                    
                                                                 
26% BUTTERFAT:                           2,150 - 2,325           

930c 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