USDA Oceania Whole Milk Powder 05/22 09:30

AMS_1039 MARS

Whole Milk Powder - Oceania

Released on May 22, 2025

The Oceania whole milk powder (WMP) price range tightened during the most 
recent reporting period, increasing at the low end of the range and decreasing 
at the high end. Domestic demand is steady to stronger as WMP production 
declines due to seasonally decreasing milk output, with some farmers electing 
to dry cows off early because of drought conditions. Export demand is lighter 
as prices weakened at GDT event 380, where the average price for all contract 
periods declined slightly to $4,332 and the price index fell by 1.0 percent. 
However, tight inventories are keeping prices elevated; volumes of WMP traded 
at GDT event 380 were about the same as at the prior event, but significantly 
lower than the same time last year.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk 
Powder
Price Range - 26% Butterfat; Dollars per Metric Ton: 4250 - 4425


Information for the period May 12 - 23, 2025, issued biweekly

Secondary Sourced Information:

Recently released export data from New Zealand showed April 2025 WMP export 
volumes increased 1.2 percent from the year prior. Export volumes of WMP from 
January - April 2025 were down 3.2 percent from the same time frame a year ago.

During GDT event 380, on May 20, 2025, the average price for WMP across all 
contract periods was $4,332, corresponding to a 1.0 percent decline in the WMP 
price index from the prior event. The average price for the June contract was 
$4,491, with the June price index down 1.2 percent. More information on WMP 
prices at the most recent GDT event can be found at 
https://www.globaldairytrade.info/en/product-results/whole-milk-powder/.

[0600059B]