USDA Oceania Whole Milk Powder 10/09 09:30

AMS_1039 MARS

Whole Milk Powder - Oceania

Released on October 09, 2025

Oceania whole milk powder (WMP) prices fell during the reporting period, with a 
slight decrease at both the bottom and top of the price range. Production 
remains strong as Oceania approaches its spring flush. Domestic prices were 
fairly stable during the reporting period, although futures prices were mixed, 
with prices for late-term contracts decreasing modestly. Export demand remained 
strong.

At Global Dairy Trade (GDT) event 389, WMP price indices decreased across all 
contracts for which product was offered. Indices for the two contracts with the 
nearest-term and farthest-term delivery dates decreased the most sharply; the 
index for the November contract was down 3.8 percent, while the index for the 
March 2026 contract was down 5.3 percent. No product was offered for the April 
2026 contract. The remaining indices decreased more modestly; the indices for 
the December, January, and February contracts were down 2.1 percent, 1.8 
percent, and 2.2 percent, respectively. The volume of WMP sold at event 389 was 
significantly above the volume sold at both the prior event and at event 365, 
held one year ago. The top three purchasing regions at event 389 were North 
Asia, Southeast Asia/Oceania, and the Middle East. North Asian buyers purchased 
over half of the WMP offered at event 389, up from both the prior event and 
event 365.

Prices for: Oceania, All First Sales, Free on Board - Port, Edible Whole Milk 
Powder
Price Range - 26% Butterfat; Dollars per Metric Ton: 3625 - 3800


Information for the period September 29 -  October 10, 2025, issued biweekly

Secondary Sourced Information:

During GDT event 389 on October 7, 2025, the average price for WMP across all 
contract periods was $3,696 per metric ton, corresponding to a 2.3 percent 
decrease in the WMP price index from the prior event. The average price for the 
November contract was $3,737 per metric ton, with the November price index down 
3.8 percent. More information on WMP prices at the most recent event can be 
found at https://www.globaldairytrade.info/product-results/whole-milk-powder/. 

Dairy Australia recently released export data for Australia showing WMP export 
volumes in July and August 2025 totaled 10,337 metric tons, a decrease of 0.6 
percent compared to export volume totals in July and August 2024.

According to Dairy Australia, WMP production in Australia in June 2025 totaled 
2,827 metric tons, an increase of 8.2 percent compared to production totals in 
June 2024. Australian WMP production from July 2024 to June 2025 totaled 27,726 
metric tons, an increase of 30.7 percent compared to production totals from 
July 2023 to June 2024.

Beginning November 1, 2025, this report will be published at 11:30 AM EST/10:30 
AM CST.

[0600059B]