USDA Oceania Butter 06/05 09:30

AMS_1099 MARS

Butter - Oceania

Released on June 05, 2025

The price range for Oceania butter expanded during the reporting period, as the 
low end decreased and the high end increased. Butter production is limited and 
inventories are tight as the 2024-2025 Oceania production season officially 
draws to a close. Domestic demand is seasonally light. Export demand is strong 
in the near term, but prices are expected to fall as milk production picks up 
again in the fall. During GDT event 381, prices increased for the July and 
August contracts, but fell across the September through December contracts. 
Overall, the GDT price index for butter did not change from event 380, 
suggesting sales of higher-priced butter in the near term were offset by sales 
of lower-priced butter later in the year. The volume of butter sold increased 
over GDT event 380 and the same time period last year.

Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter
Price Range - Dollars per Metric Ton: 7625 - 8050


Information for the period May 26 - June 6, 2025, issued biweekly

Secondary Sourced Information:

Dairy Australia recently released export data for Australia showing butter 
export volumes from July 2024 - March 2025 were 13,471 MT, up 79.0 percent from 
the same time period a year earlier. During GDT event 381, on June 3, 2025, the 
average price for butter across all contracts periods was $7,811, corresponding 
to no change in the butter price index from the prior event. The average price 
for the July contract was $8,214, with the July price index up 3.4 percent. 
More information on butter prices at the most recent GDT event can be found at 
https://www.globaldairytrade.info/en/product-results/butter/.

[0600059B]