USDA Oceania Skim Milk Powder 06/05 09:30
06/05/2025 | 9:30 am CDT USDA Oceania Skim Milk Powder 06/05 09:30
AMS_1038 MARS Skim Milk Powder - Oceania Released on June 05, 2025 Oceania skim milk powder (SMP) prices fell in the current reporting period, with slight decreases in both the lower and upper ends of the price range. Domestic demand remains stronger than export demand, which weakened slightly in reporting period. At Global Dairy Trading (GDT) event 381, the average price for SMP across all contract periods was $2,807 per metric ton, with the price index down 1.1 percent relative to GDT event 380. The price indices decreased across all contract periods for which loads were traded. The volume of SMP traded at GDT event 381 was slightly greater than the volume traded at event 380 and was about the same as the volume as the event one year prior (event 357). Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk Powder Price Range - 1.25% Butterfat; Dollars per Metric Ton: 2800 - 2950 Information for the period May 26 - June 6, 2025, issued biweekly Secondary Sourced Information: Dairy Australia recently released export data for Australia showing SMP export volumes from July 2024 to March 2025 were 124,542 metric tons, up 19.2 percent from the same period a year ago. During GDT event 381, on June 3, 2025, the average price for SMP across all contract periods was $2,807, corresponding to a 1.1 percent decline in the SMP price index from the prior event. The average price for the July contract was $2,839, with the July price index down 0.5 percent. More information on SMP prices at the most recent GDT event can be found at https://www.globaldairytrade.info/en/product-results/skim-milk-powder/. [0600059B]