MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  February 16, 2017 (REPORT 7)                       

OCEANIA                                                          
INFORMATION GATHERED  02/06/2017 - 02/17/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP): 

Whole milk powder prices in Oceania are up slightly at each end 
of the price range. This leaves Oceania SMP priced at a very 
slight premium to Western European SMP, so slight it is not 
expected to give pause to regular customers who have a solid 
record of importing SMP from Oceania, particularly New Zealand. 
Weaker milk supplies in Oceania are a factor in current 
production volumes and hence, supply-demand factors affecting 
WMP pricing. December 2016 WMP production in Australia, 6,972 
MT, is down 1.2% from December 2015, according to Dairy 
Australia. July-December 2016 production, 36,330 MT, is down 
26.4% from the same period of 2015. WMP exports from Australia 
from July-December 2016, 48,119 MT, were 35.5% higher than the 
same period of 2015, according to Dairy Australia. The value of 
the 2016 exports was 38.7% higher than for 2015 exports. The 
Dairy Market News International Monthly Summary and Averages for 
Oceania WMP in January, 2017, was $3,193, up from $2.100 one 
year earlier. At GDT event 181 on February 7, the all contracts 
price for WMP was $3,314, up 1.0%.
                                                                                                       
26% BUTTERFAT:                           3,200 - 3,400           



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