USDA Oceania Butter 08/14 09:30
08/14/2025 | 9:30 am CDT USDA Oceania Butter 08/14 09:30
AMS_1099 MARS Butter - Oceania Released on August 14, 2025 Oceania butter prices decreased during the reporting period, with a substantial decrease at the low end of the price range and a more modest decrease at the high end of the price range. Production is seasonally light as the 2025/2026 season begins. Demand weakened during the reporting period in both domestic and export markets. The United States has supplied ample amounts of butter to global markets, with strong demand due to prices that are discounted relative to Oceania prices. Global trade relations remain in flux, adding uncertainty to export and import markets.At Global Dairy Trade (GDT) event 385, price indices decreased for all contract periods. The price index for the September contract was down 1.0 percent, while the price indices for the October and November contracts dropped more sharply and were down by 4.1 percent and 4.7 percent, respectively. The price indices for the December, January 2026, and February 2026 contracts were down by 3.1 percent, 2.6 percent, and 3.1 percent, respectively. The total volume of butter sold at event 385 was greater than the volume sold at event 384 and slightly greater than the volume sold at event 361, held one year ago. North Asia purchased the most butter at event 385, purchasing 85 percent more butter than at event 384. Prices for: Oceania, 82% Butterfat, Free on Board - Port Butter Price Range - Dollars per Metric Ton: 7050 - 7625 Information for the period August 4 - 15, 2025, issued biweekly Secondary Sourced Information: During GDT event 385 on August 5, 2025, the average price for butter across all contract periods was $7,214 per metric ton, corresponding to a 3.8 percent decrease in the butter price index from the prior event. The average price for the September contract was $7,716 per metric ton, with the September price index down 1.0 percent. More information on butter prices at the most recent event can be found at https://www.globaldairytrade.info/en/product-results/butter/.Dairy Australia recently released export data for Australia showing butter export volumes from July 2024 to June 2025 were 16,350 metric tons, up 34.6 percent from the same time period a year earlier. [0600059B]