USDA Oceania Skim Milk Powder 07/03 09:30

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on July 03, 2025

Oceania skim milk powder (SMP) prices decreased at both ends of the price range 
during the reporting period, with a slight decline at the top of the range and 
a larger decline at the bottom of the range. Production remains light as the 
current milk production season draws to a close. Domestic demand remains steady 
to lighter, with domestic prices slightly above export prices. Export demand 
eased slightly during the reporting period, most notably for later months in 
the year (i.e., October to December).

At Global Dairy Trade (GDT) event 383, price indices decreased for the August, 
October, November, and December contracts by 0.5 percent, 2.2 percent, 5.1 
percent, and 4.1 percent, respectively. The price index for the September 
contract increased by 0.2 percent. No loads were traded for the January 2026 
contract. Notably, only European SMP was traded for the August contract, with 
no Oceania SMP traded until the September contract.

The total volume of SMP sold at GDT event 383 was significantly greater than 
the volume sold at event 382 and greater than the volume sold at event 359, 
held one year ago. The top three buyers of SMP at event 383 were Southeast 
Asia/Oceania, North Asia, and Europe. The volumes purchased by each of the 
three regions were higher than volumes purchased at event 382 and at event 359.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 2700 - 2825


Information for the period June 23 -  July 4, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 383 on July 1, 2025, the average price for SMP across all 
contract periods was $2,718 per metric ton, corresponding to a 1.7 percent 
decline in the SMP index from the prior event. The average price for the August 
contract was $2,740 per metric ton, with the August price index down 0.5 
percent. More information on SMP prices at the most recent event can be found 
at https://www.globaldairytrade.info/en/product-results/skim-milk-powder/.

Dairy Australia recently released export data for Australia showing SMP export 
volumes from July 2024 - April 2025 were 136,410 MT, up 17.1 percent from the 
same time period a year earlier. 

Recently released export data from New Zealand showed May 2025 SMP export 
volumes were 30,801 MT, a decrease of 13.1 percent from the year prior. Export 
volumes of SMP from January - May 2025 were 207,941 MT, up 1.3 percent from the 
same time frame a year ago.

[0600059B]