MD_DA126 Skim Milk Powder - Oceania Report 5 - Released on February 02, 2023 Oceania skim milk powder prices held steady at each end of the price range. However, market representatives are anticipating some downward pressure from EU SMP moving into the global marketplace. Some buyers are waiting in seeking better price options. Buyers who prefer Oceania SMP are finalizing contracts. New Zealand plants are working to keep enough SMP flowing as milk production problems continue. Prices for: Oceania, All First Sales, Free on Board - Port, Conventional, and Edible Skim Milk Powder Price Range - 1.25% Butterfat; $/MT: 2,825 - 2,900 Information for the period January 23 - February 3, 2023, issued biweekly Secondary Sourced Information: AUSTRALIA EXPORTS According to CLAL data made available to USDA, January - November 2022 SMP exports from Australia, 139,000 MT, increased 2.7 percent compared to the same period a year ago. Published by: Dairy Market News - Madison, WI DANIEL JOHNSON, 608-422-8605 Email: daniel.johnson4@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