USDA Oceania Whole Milk Powder 05/07 10:15

AMS_1039 MARS

Whole Milk Powder - Oceania

Released on May 07, 2026

Oceania whole milk powder (WMP) prices advanced at both ends of the price range 
this reporting period. However, processor prices fell compared to both the 
previous month and the same period last year. WMP futures held steady for May 
but weakened across remaining contracts. 

New Zealand's WMP exports rose sharply in March, up 32 percent from a year 
earlier and 10 percent year to date. Shipments to China and North Africa jumped 
102 percent and 180 percent, respectively, partially offset by a 24 percent 
decline to Central America. Exports to the Middle East were down 27 percent 
through March but remain 9 percent higher year to date.

A major New Zealand dairy cooperative increased and rephased its WMP offerings 
to better align with seasonal milk supply and production expectations. The 12 
month WMP forecast was raised by 2,000 metric tons (MT) to 356,755 MT, with 
additional volume added to Q3 2026 and reduced later in the season.

WMP prices at Global Dairy Trade (GDT) Event 403 increased across all offered 
contract periods. August moved 1.5 percent higher, while June, July, and 
September each advanced between 0.6 percent to 2.0 percent. No product was 
offered for October or November. July and September accounted for 69 percent of 
sales. Sales volumes were considerably lower than both Event 402 and year 
earlier levels. Southeast Asia/Oceania was the leading WMP buyer at Event 403, 
followed by North Asia and South/Central America. North Asia purchased 35 
percent of available WMP, down from 41 percent at the prior event and 38 
percent a year ago. The Middle East accounted for 9 percent of total WMP volume.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk 
Powder
Price Range - 26% Butterfat; Dollars per Metric Ton: 3650 - 3750


Information for the period April 27 -  May 8, 2026, issued biweekly

Secondary Sourced Information:

At GDT Event 403 on May 5, 2026, the average WMP price index climbed to 
$3,741/MT, a 2.2 percent increase from the previous event. The June contract 
averaged $3,738/MT, increasing 1.9 percent. Additional WMP price details are 
available at 
https://www.globaldairytrade.info/en/product-results/whole-milk-powder/.

[0600059B]