Whole Milk Powder (WMP) and cheese rose, as global import demand continued to be robust in anticipation of a further tightening in export availabilities from Oceania with dry weather conditions reinforcing the seasonal milk production drop. https://t.co/SvDBCXDxhU pic.twitter.com/o2LxcIiAwl
— Ronald K. OBrien II (@rko2milk) May 9, 2019
The FAO Dairy Price Index averaged 215 points in April, up 10.7 points (5.2 percent) from March, representing the fourth consecutive month of increase. In April, international price quotations for butter, Whole Milk Powder (WMP) and cheese rose, as global import demand continued to be robust in anticipation of a further tightening in export availabilities from Oceania with dry weather conditions reinforcing the seasonal milk production drop. By contrast, Skim Milk Powder (SMP) prices slipped for a second consecutive month from the February high, underpinned by continued slowdown in demand.
