USDA Oceania Butter 06/04 09:40

AMS_1099 MARS

Butter - Oceania

Released on June 04, 2026

Butter prices strengthened at both ends of the range. Processor prices declined 
compared with both last month and last year. The futures curve improved for 
June and held steady for July, but weakened across remaining contract periods. 
The September futures had the largest decline, down 1.7 percent.Butter prices 
at Global Dairy Trade (GDT) Event 405 increased across all offered contract 
periods except October, which declined 3.1 percent. The strongest gain was in 
the August contract, up 2.4 percent. No butter was offered for November or 
December. August and September accounted for 72 percent of total sales. Total 
butter volume sold fell below both levels recorded at Event 404 and year-ago 
volumes. North Asia led purchasing with 40 percent of total volume, followed by 
Europe and Southeast Asia/Oceania.

Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter
Price Range - Dollars per Metric Ton: 5800 - 6150


Information for the period May 25 - June 5, 2026, issued biweekly

Secondary Sourced Information:

Recently released export data from New Zealand showed April 2026 butter export 
volumes were 25,343 metric tons (MT), an increase of 27 percent from the year 
prior. Export volumes of butter from January-April 2026 were 107,422 MT, up 5.6 
percent from a year earlier.At GDT Event 405 on June 2, 2026, the average 
butter price index across all contract periods increased to $5,734/MT, a 1.2 
percent increase from the previous event. The July contract averaged $5,437/MT, 
up 0.3 percent. Additional butter pricing details are available at 
https://www.globaldairytrade.info/en/product-results/butter/.

[0600059B]