USDA Oceania Skim Milk Powder 01/15 11:45

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on January 15, 2026

Oceania skim milk powder prices increased at the top of the price range but 
held firm at the bottom of the range during the current reporting period due to 
strong export demand combined with more limited availability. Oceania SMP is 
still selling at a slight premium over European SMP. Seasonally declining milk 
output is contributing to weaker SMP production and tighter inventories.  

SMP prices regained lost ground at Global Dairy Trade (GDT) event 395. The 
overall SMP price index increased by 5.4 percent, reversing losses experienced 
over the last two months. Prices rose across all contract periods for which 
product was sold. Availability was more limited, with the volume of SMP sold 
down from event 394 and from event 371 one year ago. The North Asia region was 
responsible for the majority of SMP purchases, with the Southeast Asia/Oceania 
region and Europe also buying sizable volumes.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 2450 - 2650


Information for the period January 5 - 16, 2026, issued biweekly

Secondary Sourced Information:

During GDT event 395 on January 6, 2026, the average price for SMP across all 
contract periods was $2,564 per metric ton, corresponding to a 5.4 percent 
increase in the SMP price index from the prior event. The average price for the 
February contract was $2,580 per metric ton, with the February price index up 
4.9 percent. More information on SMP prices at the most recent event can be 
found at https://www.globaldairytrade.info/en/product-results/skim-milk-powder/.

[0600059B]