MD_DA127

     Whole Milk Powder - Oceania

     Report 3 - Released on January 20, 2022







     The Oceania whole milk powder price range moved higher. Pricing showed strength well into
     contracts for coming months. The magnitude of the increase came as a surprise to some
     people.  Export buyers from most regions have assimilated the likelihood of continuing tight
     Oceania milk supplies. That led to minimal price dickering.

     Prices for: Oceania, All First Sales, Free on Board - Port, Conventional, and Edible Whole
     Milk Powder
     Price Range - 26% Butterfat; $/MT:                     4,000 - 4,100


     Information for the period January 10 - 21, 2022, issued biweekly

     Secondary Sourced Information:


     At GDT event 300, on January 18, 2022, the WMP all contracts price, $4,082, increased 5.5
     percent. The February contract, $4,071, increased 5.3 percent.

     Australian exports of WMP January - November 2021 increased 41.7 percent from January -
     November 2020 according to CLAL data made available to USDA.


     Published by:
     Dairy Market News - Madison, WI
     Eric Graf, 608.422.8590
     Email: Eric.Graf@usda.gov

     Additional Dairy Market News Information:
     Dairy Market News (DMN) by Phone: (608)422-8602
     DMN Website: https://www.ams.usda.gov/market-news/dairy
     DMN MARS (My Market News): https://mymarketnews.ams.usda.gov