MD_DA127                                                         
DA                                                               
MD DA127 Whole Milk Powder - Oceania                             

MADISON, WI.  April 27, 2017 (REPORT 17)                         

OCEANIA                                                          
INFORMATION GATHERED  04/17/2017 - 04/28/2017                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

WHOLE MILK POWDER (WMP):  

      Whole milk powder prices in Oceania strengthened, but are a 
bit lower than prices when 2017 began. Oceania pricing remains 
slightly higher than European pricing. WMP has shown some 
continuing strength in New Zealand futures trading. Export 
interest remains good, with a number of continuing export 
customers having an affinity for Oceania sourced WMP. The slight 
current price difference with WMP from Europe is not 
determinative for these customers. 
      At GDT Event 186 on April 18, the WMP all contracts price 
increased 3.5% and the May contract price increased 3.3%.                                        
                                                                 
26% BUTTERFAT:                           3,000 - 3,150           

                                                                                                        
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