USDA Oceania Butter 01/15 11:45

AMS_1099 MARS

Butter - Oceania

Released on January 15, 2026

Oceania butter prices firmed during the reporting period, increasing slightly 
at both ends of the price range for the first time in several months. The 
region has passed the peak of its milk production season, slightly tightening 
butter production capacity. Export and domestic prices both increased during 
the reporting period, buoyed by stronger-than-expected demand. Domestic 
processor prices increased slightly, while the entire domestic futures curve 
shifted upward by a sizable margin.At Global Dairy Trade (GDT) event 395, 
butter price indices increased across all contracts for which product was 
offered. The price index for the February contract saw the largest increase 
from the prior event at 6.1 percent, while the indices for the March, April, 
and May contracts each increased between 2.1 and 3.9 percent. No product was 
offered for delivery under either the June or July contracts. Overall, price 
dynamics at event 395 suggest heightened near-term demand. The volume of butter 
sold at event 395 was lower than the volume sold at event 394 but in line with 
the volume sold at event 371, held one year ago. Buyers in North Asia purchased 
just over three-quarters of the butter offered at event 395, with buyers in 
Europe and the Middle East purchasing the second- and third-largest quantities 
of butter, respectively.

Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter
Price Range - Dollars per Metric Ton: 5100 - 5375


Information for the period January 5 - 16, 2026, issued biweekly

Secondary Sourced Information:

During GDT event 395 on January 6, 2025, the average price for butter across 
all contract periods was $5,206 per metric ton, corresponding to a 3.8 percent 
increase in the butter price index from the prior event. The average price for 
the February contract was $5,291 per metric ton, with the February price index 
up 6.1 percent. More information on butter prices at the most recent event can 
be found at https://www.globaldairytrade.info/en/product-results/butter/.

[0600059B]