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Skim Milk Powder (SMP)
Trading Event 404 will begin at 12:00 hours UTC/GMT on Tuesday, 19 May, which is 00:00 NZST on Wednesday, 20 May 2026
Fonterra NZ Offer Quantities and Starting Prices SMP
| Shipment Months at Seller Ports | ||||||
Contract 1(Jun 26) | Contract 2(Jul 26) | Contract 3(Aug 26) | Contract 4(Sep 26) | Contract 5(Oct 26) | Contract 6(Nov 26) | |
| Skim Milk Powder (SMP) | ||||||
| Sales Group Minimum Supply (MT) | 185 | 1090 | 295 | 225 | 0 | 0 |
| Sales Group Maximum Supply (MT) | 205 | 1210 | 325 | 250 | 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 | 20 | 120 | 30 | 25 | 0 | 0 |
| Medium Heat - NZ | 205 | 1210 | 325 | 250 | 0 | 0 |
| UHT - NZ | 40 | 240 | 60 | 50 | 0 | 0 |
| Starting Price (USD/MT, FAS) | ||||||
| Low Heat - NZ | $3,120 | $3,065 | $3,095 | $3,095 | — | — |
| Medium Heat - NZ | $3,120 | $3,065 | $3,095 | $3,095 | — | — |
| UHT - NZ | $3,170 | $3,115 | $3,145 | $3,145 | — | — |
Forecast Information - Fonterra NZ SMP
| Forecast Offer Quantities (MT) | ||||||
| Trading Event | TE 405 | TE 406 | TE 407 | TE 408 | Forecast | Change on Previous Forecast |
| Date | 03 Jun 26, NZST | 17 Jun 26, NZST | 08 Jul 26, NZST | 22 Jul 26, NZST | ||
| Fonterra | 12 Month | |||||
| Contract 1 | 143 | 142 | 350 | 350 | 11,055 | -60 |
| Contract 2 | 1,000 | 1,000 | 2,250 | 2,250 | 66,285 | 100 |
| Contract 3 | 500 | 500 | 1,450 | 1,450 | 33,445 | 264 |
| Contract 4 | 500 | 500 | 950 | 950 | 17,250 | 160 |
| Contract 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contract 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Totals | 2,143 | 2,142 | 5,000 | 5,000 | 128,035 | 464 |
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