MD_DA127 Whole Milk Powder - Oceania Report 47 - Released on November 22, 2022 This week, Oceania whole milk powder (WMP) price movement shifted upward on both ends of the range, following the outcome of GDT event 320. The demand for WMP is what drove the higher pricing, with reports indicating an increase in volumes of WMP available for trading. Current production and stocks in New Zealand are comfortable as a major portion of available milk channels into WMP production. There is increasing awareness of seasonal milk production having moved into seasonal decline. That has led some buyers to be fairly accepting to bidding prices higher. The market has a firm undertone. Prices for: Oceania, All First Sales, Free on Board - Port, Conventional, and Edible Whole Milk Powder Price Range - 26% Butterfat; $/MT: 3,325 - 3,400 Information for the period November 14 - 25, 2022, issued biweekly 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