MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  January 19, 2017 (REPORT 3)                        

OCEANIA                                                          
INFORMATION GATHERED  01/09/2017 - 01/20/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP): 

Whole milk powder prices in Oceania are steady at the bottom of the 
price range to slightly lower at the top. A number of New Zealand 
processors have recently been directing more milk into WMP production 
and away from skim milk powder and/or butter. Australian 2016 exports 
of WMP through November increased 5.7% from the same period of 2015, 
according to Eucolait. Main destinations and percent of the total 
were China, 19.0%; Sri Lanka, 17.2%; and Singapore, 12.7%. At GDT 
Event 180 on January 17, 2017, the all contracts WMP price percentage 
change was -0.1%. This represents the third consecutive GDT event 
with a negative percentage for the WMP all contracts price.

26% BUTTERFAT:                           3,050 - 3,325           


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