EUROPEAN COMMISSION Agriculture news

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Dashboard: Milk and dairy products
Highlights

• EU butter prices: 716 €/100 kg, +0.4% up in last 4 weeks;
• EU SMP prices: 370 €/100 kg, -0.5% up in last 4 weeks;
• EU WMP prices: 484 €/100 kg, -1.1% up in last 4 weeks;
• EU cheddar prices: 468 €/100 kg, +0.5% up in last 4 weeks;
• IT spot milk price up, now at 65.3 c/kg (28/08/2022);
• Decrease of feed costs (-0.4%) and increase of energy costs (+1.1%) in week 34 compared to the previous 4 weeks;
• EU milk deliveries in Jan-Jun 2022 down -0.7% compared to same period last year;
• Production of dairy products in Jan-Jun 2022 compared to Jan-Jun 2021: decrease for concentrated milk (-3.9 %), butter (-2.6 %), SMP (-3.8 %), WMP (-3.2%), drinking milk (-0.7%), fermented milk (-1%) and cheese (-1%); Increase only for cream (+1.7%);
• Compared to June 2021, in June 2022, NZ milk production status quo, US up (+0.2%) and AU down (-9.2%).
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Directorate-General for Agriculture and Rural Development