AGRICULTURE AND RURAL DEVELOPMENT by Commission

 

AGRICULTURE AND RURAL DEVELOPMENT Milk and dairy products newsletter

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Latest update Dashboard: Milk and dairy products Highlights EU butter prices: 458 €/100 kg, -2.4% in last 4 weeks; EU SMP prices: 240 €/100 kg, -2.6% in last 4 weeks; EU WMP prices: 356 €/100 kg, +0.3% in last 4 weeks; EU cheddar prices: 358 €/100 kg, -0.1% in last 4 weeks; IT spot milk price further down to 50.3 c/kg (16/07/2023); Decrease of feed costs (-3.1%) and increase of energy costs (+0.9%) in week 28 compared to the previous 4 weeks; EU milk deliveries up by +0.7% in May 2023 and +0.8 % in Jan-May 2023 compared to same periods last year; Evolution of dairy productions in Jan-May 2023 compared to 2022: increase for concentrated milk (+5.6%), butter and cream (+1.7%), cheese (+1%), SMP (+0.9%) and drinking milk (+0.1%); decrease for WMP (-2.3%) and fermented milk (-0.1%); In January-April 2023, EU butter exports decreased by 9% to China and by 24% to the U.K. while they increased by 76% to the USA; During the same period, EU cheese exports went down to Japan (-18%) and to the USA (-10%) but went up to the U.K. (+6%) ; In Jan-Apr 2023, EU SMP exports went up to China (+51%) and Algeria (+171%) and down to Indonesia (-54%).  EU WMP exports went down to Oman (-27%), China (-26%) and unchanged to the U.K.; In Jan-Apr 2023, the following NZ exports went up: butter(oil) +6%, cheese +8%, SMP +40% while WMP exports went down by -5%; US dairy exports went down in Jan-Apr 2023 for butter(oil) (-40%), WMP (-38%) and SMP (-2%), unchanged for cheese; Chinese imports of cheese (+7%), SMP (+20%), whey powder (+44%), caseins (+11%) and lactose (+28%) went up in Jan-Apr 2023 while imports of butter(oil) (-21%), WMP (-58%) and condensed (-38%) went down; GDT last auction (18/07/2023): general price index -1%.  Price increase for AMF (+3.4%); price decreases for butter (-2.7%), cheese (-10.1%), SMP (-0.6%) and WMP (-1.5%). Related links EU milk and dairy products policy | EU agricultural markets short-term outlook Agricultural markets dashboard – poultry meat View the latest update Related links EU poultry policy | EU agricultural markets short-term outlook Agricultural markets dashboard – eggs View the latest update Related links EU eggs policy | EU agricultural markets short-term outlook

Latest news

CAP support crucial to maintain farming in areas with natural constraints shows latest study CAP payments support the continuation of extensive agricultural activities in areas of natural constraints and prevent land abandonment, shows a study published by the European Commission.   See also Full article Finalists announced for the 2023 EU Organic Awards The 2023 EU Organic Awards finalists have been announced, with 24 finalists from 11 EU countries. The winners will be announced at an official ceremony in Brussels on September 25th.   See also Full article

Directorate-General for Agriculture and Rural Development