Milk Powder (SMP)

Skimmed Milk Powder (SMP) is produced by removing water and fat from pasteurized milk, yielding a shelf-stable protein ingredient with less than 1.5% fat. It is used in reconstituted milk, bakery products, confectionery, and infant formula. New Zealand's GDT auction is the key price discovery mechanism.

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Quick Facts

Milk Powder (SMP) at a Glance

Common Origins
New ZealandEuropean UnionUnited StatesAustraliaBelarus
Common Destinations
ChinaSoutheast AsiaMiddle EastAfricaMexico
Grades & Specifications
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INCOTERMS
CIFCFRFOB
Unit of Measure
Metric Tons

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More in Food & Proteins

Chicken (Frozen Whole)

Frozen whole chicken is one of the most traded protein commodities globally, sourced primarily from Brazil and the US. Halal certification is essential for Middle Eastern and Southeast Asian markets. Birds are graded by weight class and processed under strict sanitary standards (SIF, USDA).

Beef (Frozen)

Frozen beef is traded globally as primal cuts, trimmings, and offals. Brazil, Australia, and India (buffalo meat) are the largest exporters. Beef grading varies by origin — USDA (US), AUS-MEAT (Australia), and ABIEC standards (Brazil). Traceability and BSE-free certification are critical for market access.

Fish Meal

Fish meal is a high-protein powder made from processed whole fish or fish trimmings, used as a premium ingredient in aquaculture and animal feed. Peru is the world's largest producer from anchovy catches. Protein content (typically 65-72%) and freshness (TVN levels) determine quality and pricing.

Shrimp (Frozen)

Frozen shrimp is the world's most traded seafood commodity, sourced from both aquaculture (vannamei, monodon) and wild catch. Ecuador, India, Vietnam, and Indonesia are the top exporters. Shrimp is traded by count per pound (e.g., 16/20, 21/25) and form (HOSO, HLSO, PD, PUD).

Milk Powder (WMP)

Whole Milk Powder (WMP) retains the full cream content of milk (26-42% fat), offering a rich flavor profile for reconstitution into liquid milk, chocolate manufacturing, and bakery applications. New Zealand is the dominant global exporter, with Fonterra's production decisions significantly influencing global pricing.

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