MD_DA126 DA MD DA126 Skim Milk Powder - Oceania MADISON, WI. November 12, 2009 (REPORT 45) OCEANIA INFORMATION GATHERED 11/02/2009 - 11/13/2009 U.S. DOLLARS PER METRIC TON, FOB PORT SKIM MILK POWDER (SMP): Skim milk powder markets and prices are firm. Powder production in Oceania is seasonally strong as milk output is at seasonal peak levels. Some handlers and traders indicate that milk volumes are not as strong as projected, but are making the best of the current situation. Powder producers indicate that milk volumes have not attained levels of last year and are hopeful that the peak will extend for a longer period of time. Stocks of powder are available for commitments, but many handlers and traders indicate that there are minimal uncommitted volumes. 1.25% BUTTERFAT: 3,100 - 3,600 0930c steve Schneeberger (608)250-3204