USDA Oceania Whole Milk Powder 03/26 10:10
03/26/2026 | 10:10 am CDT USDA Oceania Whole Milk Powder 03/26 10:10
AMS_1039 MARS Whole Milk Powder - Oceania Released on March 26, 2026 Oceania whole milk powder (WMP) prices were mixed, with the lower end of the range easing while the upper end held steady. The market softened as trading volumes increased, though stronger export activity continued to provide support. Processor prices rose from the prior month but remain below year-ago levels. Domestic WMP futures also weakened across all contracts. At Global Dairy Trade (GDT) Event 400, WMP prices declined across all offered contract periods, with April-July deliveries falling as much as 4.5 percent; no product was offered for August or September. Sales volumes were higher than both Event 399 and Event 376 a year earlier. North Asia remained the top buyer, taking 36 percent of available WMP, down from 39 percent at the previous event and 37 percent a year ago. Southeast Asia/Oceania and South/Central America followed, while the Middle East purchased 11 percent of the product offered. Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk Powder Price Range - 26% Butterfat; Dollars per Metric Ton: 3625 - 3850 Information for the period March 16 - 27, 2026, issued biweekly Secondary Sourced Information: Recently released New Zealand export data show February 2026 WMP shipments totaled 138,875 metric tons, up 10 percent from the prior year. WMP exports for January-February 2026 reached 277,961 metric tons, an increase of 1.2 percent compared to the same period a year earlier. At GDT Event 400 on March 17, 2026, the average WMP price index across all contract periods was $3,709 per metric ton, down 4.0 percent from the prior event. The April contract averaged $3,673 per metric ton, with its price index declining 4.2 percent. Additional WMP price details are available at https://www.globaldairytrade.info/en/product-results/whole-milk-powder/. [0600059B]