MD_DA126                                                         
DA                                                               
MD DA126 Skim Milk Powder - Oceania                              

MADISON, WI.  February 04, 2010 (REPORT 5)                       

OCEANIA                                                          
INFORMATION GATHERED  01/25/2010 - 02/05/2010                    
U.S. DOLLARS PER METRIC TON, FOB PORT                            

SKIM MILK POWDER (SMP):  Oceania skim milk powder markets and prices are weak.  
Current weakness in the market is not occurring due to supply/demand influences, 
but rather declining prices in other international markets with Oceania 
suppliers and traders having to adjust their prices to remain competitive.  
Traders state that often contract prices are higher, since they were previously 
negotiated, but spot prices are lower.  At the next global/Dairy Trading event 
on March 2, skim milk powder will be offered for the first time.  Traders and 
handlers are very curious about what the outcome of these sales will be.                                             
                                                                 
1.25% BUTTERFAT:                         2,500 - 3,000

0930c steve Schneeberger  (6085)250-3204