MD_DA124                                                         
DA                                                               
MD DA124 Butter - Oceania                                        

MADISON, WI.  December 23, 2015 (REPORT 51)                      

OCEANIA                                                          
INFORMATION GATHERED  12/14/2015 - 12/25/2015                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            


BUTTER:  Butter prices in Oceania increased at both ends of the price 
range. Recent demand for near time shipments to Asia moved sufficient 
volumes to contribute to higher pricing. That was supplemented by shifting 
of some milkfat from butter production into other product streams, in 
contributing to some firming in butter pricing.
                                                      
                                                                 
82% BUTTERFAT:                           2,900 - 3,300           



1300c Eric.Graf@ams.usda.gov 608.557.7005
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