USDA Oceania Skim Milk Powder 04/09 09:25

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on April 09, 2026

Oceania skim milk powder (SMP) prices strengthened over the reporting period, 
with gains at both ends of the price range supported by lower trading volumes. 
Processor prices continued to trend higher compared with both last month and 
last year, and Oceania SMP maintained its premium over European product. New 
Zealand SMP exports were weaker in February, down 18 percent year-over-year and 
16 percent year-to-date, led by declines in shipments to China and other parts 
of Asia, while Middle Eastern demand remained flat. Domestic futures were down 
across all contract months.

At Global Dairy Trade (GDT) Event 401, SMP price indices were mixed across 
available contract periods, with August rising 1.2 percent while May recorded 
the largest decline at 3.1 percent. No product was offered for September or 
October. Total SMP volume sold declined compared with both Event 400 and 
year-ago levels. Southeast Asia/Oceania remained the leading buyer, taking 57 
percent of the SMP on offer, followed by Europe at 17 percent and North Asia at 
10 percent. North Asia's share increased from the previous event but remained 
below last year's total.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 3475 - 3800


Information for the period March 30 -  April 10, 2026, issued biweekly

Secondary Sourced Information:

Dairy Australia recently released export data for Australia showing SMP export 
volumes from July 2025- February 2026 totaled 108,493 metric tons, a decrease 
of 1.2 percent compared to export volume totals from July 2024 - February 2025.

At GDT Event 401 on April 7, 2026, the average SMP price index across all 
contract periods slipped to $3,381 per metric ton, a 1.6 percent decrease from 
the prior event. The May contract averaged $3,466 per metric ton, down 3.1 
percent. Additional contract level SMP price details for the event are 
available at: 
https://www.globaldairytrade.info/en/product-results/skim-milk-powder/.

[0600059B]