USDA Oceania Skim Milk Powder 11/20 10:20
11/20/2025 | 10:20 am CST USDA Oceania Skim Milk Powder 11/20 10:20
AMS_1038 MARS Skim Milk Powder - Oceania Released on November 20, 2025 Oceania skim milk powder (SMP) prices held steady during the recent reporting period. While most other dairy commodity prices are experiencing declines as milk production peaks in Oceania, SMP prices maintained their footing. Production is strong due to plentiful milk availability at the peak of spring flush. Demand is weaker, as buyers focus on satisfying immediate needs, but producers are beginning to forward contract into Q1 and Q2 of 2026, ensuring longer-term demand. Although SMP prices fell for all contract periods at GDT event 392, the 0.6 percent decline in the overall SMP price index was the smallest decrease across commodities. SMP also outperformed the overall GDT price index, which declined 3.0 percent on weaker performances by butter and anhydrous milkfat. The quantity of SMP sold at event 392 was about the same as at the prior event, but down slightly from the same time last year. The North Asia region purchased 63 percent of the SMP sold, increasing their share of purchases from GDT event 391. 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 November 10 - 21, 2025, issued biweekly Secondary Sourced Information: During GDT event 392 on November 18, 2025, the average price for SMP across all contract periods was $2,542 per metric ton, corresponding to a 0.6 percent decrease in the SMP price index from the prior event. The average price for the December contract was $2,545 per metric ton, with the December price index down 1.0 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 skim milk powder (SMP) export volumes from July - September 2025 totaled 34,288 metric tons, an increase of 1.1 percent compared to export volume totals from July - September 2024. [0600059B]