USDA Oceania Whole Milk Powder 08/28 10:05
08/28/2025 | 10:05 am CDT USDA Oceania Whole Milk Powder 08/28 10:05
AMS_1039 MARS Whole Milk Powder - Oceania Released on August 28, 2025 Oceania whole milk powder (WMP) prices narrowed during the reporting period, increasing slightly at the bottom of the price range and decreasing slightly at the top of the price range. Export demand was notably strong during the reporting period. Domestic demand remained steady, with domestic prices in line with export prices. At Global Dairy Trade (GDT) event 386, price indices increased for most contracts. The price indices were up 0.8 percent, 0.7 percent, 0.6 percent, and 1.9 percent for the September, November, December, and January 2026 contracts, respectively. The price index for the October contract was down 0.4 percent, and no trades occurred for the February 2026 contract. Prices for WMP outperformed industry expectations at event 386 due to strong demand from several regions. The top buyers of WMP at event 386 were North Asia, Southeast Asia/Oceania, and the Middle East. Notably, the Middle East and South/Central America purchased WMP at event 386 after purchasing no product at event 385. The total volume of WMP sold at event 386 was in line with the amount sold at event 385 and the amount sold at event 362, held one year ago. Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk Powder Price Range - 26% Butterfat; Dollars per Metric Ton: 3950 - 4025 Information for the period August 18 - 29, 2025, issued biweekly Secondary Sourced Information: During GDT event 386 on August 19, 2025, the average price for WMP across all contract periods was $4,036 per metric ton (MT), corresponding to a 0.3 percent increase in the WMP price index from the prior event. The average price for the September contract was $4,128 per metric ton, with the September price index up 0.8 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/. Recently released export data from New Zealand showed July 2025 WMP export volumes were 93,151 MT, an increase of 7.0 percent from the year prior. Export volumes of WMP from January - July 2025 were 802,088 MT, down 5.1 percent from the same time frame a year ago. Algeria recently launched a tender for WMP seeking supply for November 2025 to January 2026. The tender received energetic bids from suppliers in New Zealand and Latin America. Market reports indicate that between the two regions, approximately 40,000 MT of WMP were promised by the time the tender closed. [0600059B]