USDA Oceania Whole Milk Powder 06/20 09:35
06/20/2025 | 9:35 am CDT USDA Oceania Whole Milk Powder 06/20 09:35
AMS_1039 MARS Whole Milk Powder - Oceania Released on June 20, 2025 The price range for Oceania whole milk powder (WMP) declined during the reporting period, with a larger decline at the upper end of the range. Domestic demand is outpacing export demand, though both have weakened in recent weeks. WMP production is light, but strong milk output in May to end the season resulted in greater volumes of product available on the market. At GDT event 382, more product was sold compared to the prior event, but volumes were significantly lower than at the same time a year ago. Prices fell across all contract periods for which WMP was sold. According to a recent report from the USDA Foreign Agricultural Service, exports of WMP made up 40 percent of total export volume from New Zealand in the first quarter of 2025, making it the largest dairy product export category. However, WMP's share of total exports declined in recent years as other dairy products increased in prominence. Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk Powder Price Range - 26% Butterfat; Dollars per Metric Ton: 3975 - 4150 Information for the period June 9 - 20, 2025, issued biweekly Secondary Sourced Information: During GDT event 382, on June 17, 2025, the average price for WMP across all contracts periods was $4,084, corresponding to a 2.1 percent decline in the WMP price index from the prior event. The average price for the July contract was $4,268, with the July price index down 2.5 percent. More information on WMP prices at the most recent GDT event can be found at https://www.globaldairytrade.info/en/product-results/whole-milk-powder/. [0600059B]