USDA Oceania Skim Milk Powder 06/04 10:05

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on June 04, 2026

Skim milk powder (SMP) prices decreased at the lower end of the price range, 
while the upper end increased. Processor prices were up from both last month 
and last year. SMP futures were lower across all contracts, with November 
seeing the largest decline, down 3.9 percent. 

SMP prices at Global Dairy Trade (GDT) Event 405 decreased across all offered 
contract periods. The September contract declined the most, down 3.9 percent. 
No product was offered for November or December. August and September accounted 
for 79 percent of total sales. Total SMP volume sold was higher than Event 404 
but lower than year-earlier levels. Oceania SMP continued to command a premium 
over European product. Southeast Asia/Oceania was the leading buyer, accounting 
for 50 percent of total volume. Europe followed with 21 percent, while North 
Asia purchased 13 percent.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 3500 - 3850


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

Secondary Sourced Information:

Recently released export data from New Zealand showed April 2026 SMP export 
volumes were 45,439 metric tons (MT), an increase of 34 percent from the year 
prior. Export volumes of SMP from January-April 2026 were 178,430 MT, up 0.7 
percent from a year earlier.

At GDT Event 405 on June 2, 2026, the average SMP price index across all 
contract periods decreased to $3,457/MT, a 3.0 percent decline from the 
previous event. The July contract averaged $3,546/MT, down 1.6 percent. 
Additional SMP price details are available at 
https://www.globaldairytrade.info/en/product-results/skim-milk-powder/.

[0600059B]