MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  November 22, 2016 (REPORT 47)                      

OCEANIA                                                          
INFORMATION GATHERED  11/14/2016 - 11/25/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  Whole milk powder prices in Oceania are 
higher at the bottom of the price range but firm at the top. There is 
slow current activity. Volumes of WMP exports from Australia July-
September this year increased 68.0% from the same period last year 
according to Dairy Australia. The value of WMP exports this year is 
82.8% above last year. New Zealand WMP export volumes January-
September this year are 3.3% below the same period last year 
according to Eucolait. The main destinations and percent of the total 
are: China, 23.6%; Algeria, 11.2%; and UAE, 7.7%. At the November 15 
GDT event #176, WMP for all regions and contracting periods averaged 
$3,423/MT, +3.2%. 

26% BUTTERFAT:                           2,900 - 3,400   

0100c eric.graf@ams.usda.gov 
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