USDA Oceania Whole Milk Powder 07/03 09:30
07/03/2025 | 9:30 am CDT USDA Oceania Whole Milk Powder 07/03 09:30
AMS_1039 MARS Whole Milk Powder - Oceania Released on July 03, 2025 Oceania whole milk powder (WMP) prices fell during the reporting period, with price drops at both the low and high ends of the price range. In line with seasonal trends, milk production is light, leading to lighter WMP production. Domestic prices were on par with the high end of the export price range, though domestic demand weakened slightly during the reporting period. Export demand also weakened during the reporting period. At Global Dairy Trade (GDT) event 383, the price indices for all contract periods decreased relative to the price indices at the prior event. Price indices were down 0.7 percent for the August contract, 5.1 percent for the September contract, 6.1 percent for the October contract, 5.9 percent for the November contract, and 4.6 percent for the December contract. No loads were traded for the January 2026 contract. The total volume of WMP sold at GDT event 383 was significantly greater than the volume sold at event 382 and slightly greater than the volume sold at event 359, held one year ago. The top buyer of WMP at event 383 was North Asia, with the region buying significantly more WMP than at event 382. Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk Powder Price Range - 26% Butterfat; Dollars per Metric Ton: 3750 - 4050 Information for the period June 23 - July 4, 2025, issued biweekly Secondary Sourced Information: During GDT event 383 on July 1, 2025, the average price for WMP across all contract periods was $3,859 per metric ton, corresponding to a 5.1 percent decline in the WMP price index from the prior event. The average price for the August price index was $4,196 per metric ton, with the August price index down 0.7 percent. More information on WMP prices at the most recent event can be found at https://www.globaldairytrade.info/en/product-results/whole-milk-powder/. Dairy Australia recently released export data for Australia showing WMP export volumes from July 2024 - April 2025 were 53,791 MT, up 40.5 percent from the same time period a year earlier. Recently released export data from New Zealand showed May 2025 WMP export volumes were 104,497 MT, a decrease of 18.6 percent from the year prior. Export volumes of WMP from January - May 2025 were 609,976 MT, down 6.9 percent from the same time frame a year ago. [0600059B]