MD_DA124                                                         
DA                                                               
MD DA124 Butter - Oceania                                        

MADISON, WI.  April 16, 2015 (REPORT 15)                         

OCEANIA                                                          
INFORMATION GATHERED  04/06/2015 - 04/17/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

BUTTER:   Oceania butter prices moved lower at the bottom of the price 
range.  Contract pricing helped to maintain prices at the top of the range 
although there was less top strength than two weeks ago.  New Zealand 
butter prices are weaker than in Australia.  At the April 15 GDT event 
#138, butter averaged $3,026/MT for all contracts, -6.6% from the prior 
event.  AMF prices averaged $3,748/MT for June contracts, +2.2% from the 
prior event.  For all contracting periods, the AMF price average was 
$3,744/MT, +2.3%.  
                                                                                                                   
82% BUTTERFAT:                           2,950 - 3,750           

0930C eric.graf@ams.usda.gov 608.557.7005
USDA/AMS/Dairy Market News, Madison, Wisconsin
Dairy Market News website: www.ams.usda.gov/dairymarketnews
Dairy Market News database portal: http://www.marketnews.usda.gov/mnp/da-home