Dairy | FAO Dairy Price Index

The FAO Dairy Price Index averaged 146.4 points in July, down 3.8 points (2.5 percent) from June, but still 29.7 points (25.4 percent) above its value in July of last year.

International quotations for skim milk powder registered the steepest decline, followed by those of butter and whole milk powder, principally reflecting lacklustre market activities in Europe due to the summer holidays. Furthermore, most buyers were well covered for their immediate needs, which, in tandem with weak demand from China and high dairy prices, led to declines in the demand for spot supplies, weighing on international quotations.

Meanwhile, world cheese prices remained stable, as high internal sales in European tourist destinations compensated for weaker global import demand. Despite an overall weak trading activity, tight global supplies sustained global dairy prices at elevated levels.

Download our data set with one click

https://www.fao.org/fileadmin/user_upload/est_new2020/xlsFileToUpload/Indices/FAO_Dairy_Price_Indices.xlsx

Look also

Oz dairy in consolidation mode

The Australian dairy industry is heading for more consolidation as milk supply shrinks, according to dairy analyst Steve Spencer.

You may be interested in

Challenges ahead for US, European milk output

Oz dairy in consolidation mode

‘Not for EU’ meat and dairy labelling paused indefinitely

Topics |
Dairy, FAO, price

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.