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Skim Milk Powder (SMP)
Trading Event 400 will begin at 12:00 hours UTC/GMT on Tuesday, 17 March, which is 01:00 NZDT on Wednesday, 18 March 2026
Fonterra NZ Offer Quantities and Starting Prices SMP
| Shipment Months at Seller Ports | ||||||
Contract 1(Apr 26) | Contract 2(May 26) | Contract 3(Jun 26) | Contract 4(Jul 26) | Contract 5(Aug 26) | Contract 6(Sep 26) | |
| Skim Milk Powder (SMP) | ||||||
| Sales Group Minimum Supply (MT) | 225 | 1350 | 475 | 310 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 250 | 1500 | 530 | 342 | 0 | 0 |
| Product Minimum Supply (MT) | ||||||
| Low Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Medium Heat - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| UHT - NZ | 0 | 0 | 0 | 0 | 0 | 0 |
| Product Maximum Supply (MT) | ||||||
| Low Heat - NZ | 50 | 300 | 100 | 60 | 0 | 0 |
| Medium Heat - NZ | 250 | 1500 | 530 | 342 | 0 | 0 |
| UHT - NZ | 250 | 1500 | 530 | 342 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Low Heat - NZ | $2,850 | $2,835 | $2,805 | $2,820 | — | — |
| Medium Heat - NZ | $2,850 | $2,835 | $2,805 | $2,820 | — | — |
| UHT - NZ | $2,900 | $2,885 | $2,855 | $2,870 | — | — |
Forecast Information - Fonterra NZ SMP
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 401 | TE 402 | TE 403 | TE 404 | Forecast | Change on Previous Forecast |
| Date | 08 Apr 26, NZST | 22 Apr 26, NZST | 06 May 26, NZST | 20 May 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 215 | 215 | 205 | 205 | 11,025 | 150 |
| Contract 2 | 1,355 | 1,355 | 1,210 | 1,210 | 64,115 | 750 |
| Contract 3 | 355 | 355 | 326 | 325 | 33,141 | 150 |
| Contract 4 | 285 | 285 | 250 | 250 | 17,105 | 0 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 2,210 | 2,210 | 1,991 | 1,990 | 125,386 | 1050 |
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