USDA Oceania Skim Milk Powder 11/06 11:30

AMS_1038 MARS

Skim Milk Powder - Oceania

Released on November 06, 2025

Prices for Oceania skim milk powder (SMP) were steady during the reporting 
period, with no change at the bottom of the price range and a slight decrease 
at the top of the range. Production is active, with plenty of milk available 
for drying. Export prices were mixed but largely in line with domestic prices. 
Despite ample supply in the market, domestic prices remained unchanged during 
the reporting period. Domestic futures prices strengthened, with larger price 
increases for long-term contracts. 

At Global Dairy Trade (GDT) event 391, SMP price indices were mixed across 
contracts, though changes in the indices from the prior event were relatively 
small in magnitude. The indices for the December and March contracts decreased 
by 0.2 percent and 0.4 percent, respectively, while the indices for the January 
and February contracts increased by 0.2 percent and 0.3 percent, respectively. 
The index for the April contract changed by the largest magnitude, decreasing 
by 1.4 percent. No product was offered for delivery in May. The volume of SMP 
sold at event 391 was lower than both the volume sold at the prior event and 
the volume sold at event 367, held one year ago. North Asia purchased the most 
SMP at event 391, followed by Southeast Asia/Oceania and the Middle East. North 
Asia purchased just over half the SMP on offer at event 391, though the total 
purchase volume for the region decreased compared to both the prior event and 
event 367.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Skim Milk 
Powder
Price Range - 1.25% Butterfat; Dollars per Metric Ton: 2550 - 2600


Information for the period October 27 -  November 7, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 391 on November 4, 2025, the average price for SMP across all 
contract periods was $2,559 per metric ton, corresponding to no change in the 
SMP price index from the prior event. The average price for the December 
contract was $2,558 per metric ton, with the December price index down 0.2 
percent. More information on SMP prices at the most recent event can be found 
at https://www.globaldairytrade.info/product-results/skim-milk-powder/.

[0600059B]