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Skim Milk Powder (SMP)

Trading Event 372 will begin at 01:00 hours UTC/GMT on Wednesday, 22 Jan 2025, NZDT

	Shipment Months at Seller Ports
	Contract 1(Feb 25)	Contract 2(Mar 25)	Contract 3(Apr 25)	Contract 4(May 25)	Contract 5(Jun 25)	Contract 6(Jul 25)
Skim Milk Powder (SMP)
Sales Group Minimum Supply (MT)	540	2430	1260	540	160	0
Sales Group Maximum Supply (MT)	600	2700	1400	600	180	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	600	2700	150	65	23	0
Medium Heat - NZ	600	2700	1400	600	180	0
UHT - NZ	600	2700	300	130	46	0
Starting Price (USD/MT, FAS)
Low Heat - NZ	$2,385	$2,335	$2,310	$2,330	$2,365	—
Medium Heat - NZ	$2,385	$2,335	$2,310	$2,330	$2,365	—
UHT - NZ	$2,435	$2,385	$2,360	$2,380	$2,415	—

Forecast Offer Quantities (MT)
Trading Event	TE 373	TE 374	TE 375	TE 376	Forecast	Change on Previous Forecast
Date	5 Feb 25, NZDT	19 Feb 25, NZDT	5 Mar 25, NZDT	19 Mar 25, NZDT	Forecast	Change on Previous Forecast
Fonterra					12 Month
Contract 1	400	300	400	400	12,695	-300
Contract 2	2,500	1,900	1,350	1,350	59,820	-900
Contract 3	1,200	800	530	530	32,920	-1300
Contract 4	230	230	343	342	17,385	-250
Contract 5	130	130	275	275	11,800	-250
Contract 6	0	0	0	0	0	0
Totals	4,460	3,360	2,898	2,897	134,620	-3000

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Source: FonterraNote: Fonterra has ceased to provide forecast shipment quantities as part of its forecast information