USDA Oceania Skim Milk Powder 09/10 10:00

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on September 10, 2026

Skim milk powder (SMP) prices increased at both ends of the range this 
reporting period. Processor prices were up from both last month and year-ago 
levels, with a 41 percent year-over-year (YoY) improvement. Last week SMP 
futures weakened for all months from September through February, except for 
November, which was up 0.1 percent. SMP exports from New Zealand were stronger 
in July, up 3 percent YoY and up 5 percent year-to-date. There was a 31 percent 
increase in SMP volumes shipped to Asia, excluding China, but a 20 percent 
decrease in shipments to the Middle East, while Chinese purchases were down 50 
percent. 

SMP prices at Global Dairy Trade (GDT) Event 411 increased across all offered 
contract periods by up to 5.8 percent. No product was offered for February or 
March. November and December accounted for 80 percent of total sales. Total SMP 
volume sold was higher than Event 410 and year-earlier levels. Southeast 
Asia/Oceania was the top buyer, purchasing 43 percent of the total volume, 
which was up from the previous event and year-ago levels. North Asia followed 
with 35 percent and Europe with 12 percent.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 3525 - 3675


Information for the period August 31 -  September 11, 2026, issued biweekly

Secondary Sourced Information:

At GDT Event 411, the average SMP price index across all contract periods 
increased to $3,695/metric ton (MT), up 5.3 percent from the previous event. 
The October contract averaged $3,703/MT, gaining 3.9 percent. Additional SMP 
price details are available at 
https://www.globaldairytrade.info/en/product-results/skim-milk-powder/.

[0600059B]