Latest updateDashboard: Milk and dairy products Highlights- EU butter prices: 571 €/100 kg, +3.4% up in last 4 weeks;
- EU SMP prices: 336 €/100 kg, +3.2% up in last 4 weeks;
- EU WMP prices: 413 €/100 kg, +1.8% up in last 4 weeks;
- EU cheddar prices: 336 €/100 kg, +0.2% up in last 4 weeks;
- Increase of feed costs (+2.2%) but slight decrease of energy costs (-0.2%) in week 1 compared to the previous 4 weeks;
- IT spot milk price slightly down, now at 45 c/kg. (9/01/2022);
- Despite huge increase of butter prices (+23%) in the USA in the last 2 weeks, USA is still more price competitive on butter and also on SMP, while Oceania is more competitive on WMP and the EU on cheddar.
Related linksEU milk and dairy products policy | EU agricultural markets short-term outlook |