USDA Oceania Butter 10/09 09:30

AMS_1099 MARS

Butter - Oceania

Released on October 09, 2025

Oceania butter prices declined during the reporting period, with a slight 
decrease at the top of the price range and a larger decrease at the bottom of 
the range. Production is active as Oceania moves into its spring flush. 
Domestic prices held steady, suggesting domestic supply and demand are well 
balanced. However, export prices fell based on plentiful supplies of milkfat in 
global markets. Notably, the United States continues to supply ample amounts of 
butter to the global market at prices that are competitive with Oceania 
product. At Global Dairy Trade (GDT) event 389, butter price indices decreased 
across all contracts. Indices for near-term contracts experienced the sharpest 
decreases, with the indices for the November and December contracts down 4.3 
percent and 3.7 percent, respectively. Decreases in the indices for the 2026 
contracts eased as their delivery windows lengthened; the indices for the 
January, February, and March contracts were down 2.7 percent, 1.5 percent, and 
0.5 percent, respectively. No product was offered for delivery in April 2026. 
The volume of butter sold at event 389 was slightly below the volume sold at 
event 388 but slightly above the volume sold at event 365, held one year ago. 
The top three purchasing regions at event 389 were North Asia, Southeast 
Asia/Oceania, and Europe, with the North Asia region purchasing nearly 80 
percent of butter offered at event 389.

Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter
Price Range - Dollars per Metric Ton: 6700 - 7000


Information for the period September 29 - October 10, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 389 on October 7, 2025, the average price for butter across 
all contract periods was $6,712 per metric ton, corresponding to 3.0 percent 
decrease in the butter price index from the prior event. The average price for 
the November contract was $6,758 per metric ton, with the November price index 
down 4.3 percent. More information on butter prices at the most recent event 
can be found at https://www.globaldairytrade.info/en/product-results/butter/. 
Dairy Australia recently released export data for Australia showing butter 
export volumes in July and August 2025 totaled 1,634 metric tons, a decrease of 
42.4 percent compared to export volume totals in July and August 2024.According 
to Dairy Australia, butter production in Australia in June 2025 totaled 3,811 
metric tons, an increase of 55.9 percent compared to production totals in June 
2024. Australian butter production from July 2024 to June 2025 totaled 40,629 
metric tons, an increase of 9.8 percent compared to production totals from July 
2023 to June 2024.Beginning November 1, 2025, this report will be published at 
11:30 AM EST/10:30 AM CST.

[0600059B]