MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  December 08, 2016 (REPORT 49)                      

OCEANIA                                                          
INFORMATION GATHERED  11/28/2016 - 12/09/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP): 

Oceania whole milk powder prices slightly increased at each end of 
the price range. Prices are at the highest level of the year. WMP has 
become viewed as a preferable use of New Zealand milk in terms of 
profitability. Many manufacturers expect WMP to remain an attractive 
outlet for milk. At GDT Event 177 on December 6, 2016, the all 
contracts WMP price increased 4.9%. The November 2016 Dairy Market 
News monthly average for Oceania WMP, $3,147, is up from $2,381 in 
November last year. 
                                                                 
26% BUTTERFAT:                           3,050 - 3,500           

0930c 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