MD_DA127 Whole Milk Powder - Oceania Report 37 - Released on September 16, 2021 Oceania whole milk powder prices are steady to higher. After weeks of prices trending lower, WMP prices at the latest GDT event turned and moved upwards. Market participants suggest lower volumes offered on the GDT and strong off-platform contracting sent signals for potential tightness within WMP markets. Buyers, eager to assure near term coverage, jumped in and made purchases. Manufacturers report higher priced sales since the GDT. Prices for: Oceania, All First Sales, Free on Board - Port, Conventional, and Edible Whole Milk Powder Price Range - 26% Butterfat; $/MT: 3,500 - 3,775 Information for the period September 6 - 17, 2021, issued biweekly Secondary Sourced Information: At GDT event 291 on September 7, 2021, the WMP all contracts price, $3,691, increased 3.3 percent. The October contract, $3,763, increased 2.6 percent. July 2021 WMP exports from Australia, 4,292 MT, increased 51.8 percent from July 2020, according to Dairy Australia. According to CLAL data made available to USDA, January – July 2021 WMP exports from Australia, 32,000 MT, increased 58.4 percent from January – July 2020. The main export destinations January - July 2021, quantities, and percent change from January – July 2020, were China, 13,086 MT, +31.05 percent; Thailand, 5,149 MT, +25.44 percent; and Singapore, 3,024 MT, +62.36 precent. Published by: Dairy Market News - Madison, WI MIKE BANDLI, (608)422-8592 Email: mike.bandli@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