AGRICULTURE AND RURAL DEVELOPMENT

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Agricultural markets dashboard – stone fruit

See the latest update in the fruit and vegetables market observatory.

Milk and dairy products newsletter

Latest update

Dashboard: Milk and dairy products

Highlights

EU butter prices: 474 €/100 kg, +0.6% in last 4 weeks;
EU SMP prices: 252 €/100 kg, +1.4% in last 4 weeks;
EU WMP prices: 357 €/100 kg, +2.0% in last 4 weeks;
EU cheddar prices: 358 €/100 kg, -1.2% in last 4 weeks;
Increase of IT spot milk price at 51.0 c/kg (18 Jun);
Decrease of feed costs (-0.6%) and slight increase of energy cost (+0.2%) in week 24 compared to the previous 4 weeks;
EU milk deliveries in April 2023 went up by +0.8% compared to last year (cumul Jan.-Apr. 2023: +0.8%);
Evolution of dairy productions in Jan.-Apr. 2023 compared to 2022: increase for butter (+2.6%), SMP (+2.0%), cream (+1.6%), condensed (+3.6%) and cheese (+0.5%); decrease for WMP (-0.7%), drinking milk (-0.5%) and fermented milks (-0.7%);
In January-March 2023, EU butter exports decreased by 16% to China and by 21% to the U.K. but increased by 91% to the USA;
During the same period, EU cheese exports were down to Japan (-18%) and to the USA (-5%) but up to the U.K. (+7%) ;
In Jan.-Mar. 2023, EU SMP exports were up to China (+69%) and Algeria (+194%) and down to Indonesia (-62%). EU WMP exports were down to Oman (-35%), China (-31%) and up to the U.K. (+12%);
US dairy exports of cheese and SMP were up in Jan.-Mar. 2023 (+4% and + 3%) while US butter(oil) and WMP exports were down (-34% and -48%);
In Jan.-Mar. 2023, NZ exports were up for cheese and SMP (+5% and +33%) while butter(oil) and WMP exports were down (-1% and -15%);
Chinese imports of cheese (+4%), SMP (+13%), wheypowder (+57%), caseines (+7%) and lactose (+23%) were up in Jan.-Mar. 2023 while imports of butter(oil) (-20%), WMP (-62%) and condensed (-46%) were down;
GDT last auction (20/06/2023): general price index +0.0%. Prices decrease for cheddar (-3.3%) and SMP (-2.3%); price increase for AMF (+0.5%) and butter (+5.5%). WMP stable.