MD_DA126 Skim Milk Powder - Oceania Report 33 - Released on August 13, 2020 Skim milk powder prices in Oceania are mixed. As with WMP, SMP has experienced less buying interest from North Asia. Some sellers believe that China has been carrying higher than typical stocks of dairy powders as a cautionary planning move should future events interfere with export flows. That currently reduces the need for SMP imports to keep up with demand. Buyers considering Oceania SMP are also increasingly aware that SMP availability in the EU is up. That contributes to a wait and see approach. Prices for: Oceania, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 2,600 - 2,850 Information for the period August 3 - 14, 2020, issued biweekly Secondary Sourced Information: At GDT event 265 on August 4, the SMP all contracts price, $2,583, decreased 4.6 percent. The September contract price was $2,854. 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