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Skim Milk Powder (SMP)
Trading Event 406 will begin at 12:00 hours UTC/GMT on Tuesday, 16 June, which is 00:00 NZST on Wednesday, 17 June 2026
Fonterra NZ Offer Quantities and Starting Prices SMP
| Shipment Months at Seller Ports | ||||||
Contract 1(Jul 26) | Contract 2(Aug 26) | Contract 3(Sep 26) | Contract 4(Oct 26) | Contract 5(Nov 26) | Contract 6(Dec 26) | |
| Skim Milk Powder (SMP) | ||||||
| Sales Group Minimum Supply (MT) | 130 | 900 | 450 | 450 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 142 | 1000 | 500 | 500 | 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 | 15 | 100 | 50 | 500 | 0 | 0 |
| Medium Heat - NZ | 142 | 1000 | 500 | 500 | 0 | 0 |
| UHT - NZ | 30 | 200 | 100 | 500 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Low Heat - NZ | $3,180 | $3,145 | $3,060 | $3,085 | — | — |
| Medium Heat - NZ | $3,180 | $3,145 | $3,060 | $3,085 | — | — |
| UHT - NZ | $3,230 | $3,195 | $3,110 | $3,135 | — | — |
Forecast Information - Fonterra NZ SMP
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 407 | TE 408 | TE 409 | TE 410 | Forecast | Change on Previous Forecast |
| Date | 08 Jul 26, NZST | 22 Jul 26, NZST | 05 Aug 26, NZST | 19 Aug 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 350 | 350 | 550 | 550 | 11,070 | 15 |
| Contract 2 | 2,250 | 2,250 | 4,450 | 4,450 | 66,685 | 400 |
| Contract 3 | 1,450 | 1,450 | 2,125 | 2,125 | 33,655 | 210 |
| Contract 4 | 950 | 950 | 1,210 | 1,210 | 17,380 | 130 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 5,000 | 5,000 | 8,335 | 8,335 | 128,790 | 755 |
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