USDA Oceania Butter 07/16 09:30

AMS_1099 MARS

Butter - Oceania

Released on July 16, 2026

Butter prices moved lower across the full price range during this reporting 
period. Processor prices also moved lower compared to last month and from the 
previous year. The futures curve strengthened for October through December, 
held steady for August, and weakened for July and September. The July contract 
had the largest decline at 0.8 percent.   At Global Dairy Trade (GDT) Event 
407, butter prices decreased for all contract periods, with September realizing 
the largest decline, down 7.5 percent. No butter was offered for December or 
January. September and October accounted for 73 percent of total sales. While 
total butter volume sold increased compared to Event 406, it remained below 
year-ago levels. North Asia led purchasing at 39 percent, followed by Southeast 
Asia/Oceania and Europe.

Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter
Price Range - Dollars per Metric Ton: 5375 - 5750


Information for the period July 6 - 17, 2026, issued biweekly

Secondary Sourced Information:

Dairy Australia recently released export data for Australia showing butter 
export volumes from July 2025 - May 2026 totaled 7,581 metric tons, a decrease 
of 49.3 percent compared to export volume totals from a year earlier. At GDT 
Event 407, the average butter price index across all contract periods decreased 
to $5,336 per metric ton (MT), a 5.0 percent decline from the previous event. 
The August contract averaged $5,224/MT, down 4.4 percent. Additional butter 
pricing details are available at 
https://www.globaldairytrade.info/en/product-results/butter/

[0600059B]