MD_DA124                                                         
DA                                                               
MD DA124 Butter - Oceania                                        

MADISON, WI.  January 07, 2016 (REPORT 1)                        

OCEANIA                                                          
INFORMATION GATHERED  12/28/2015 - 01/08/2016                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

BUTTER:    

Oceania butter pricing is unchanged. There is some expectation of 
increased pricing in coming months, but that has not affected immediate 
markets. Manufacturing levels and inventories are rebuilding after recent 
export of significant volumes of butter to Asia. Cream supplies are 
adequate for churning needs.                                                     
                                                                 


 
                                                                 
82% BUTTERFAT:                           2,900 - 3,300           



0930c 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