Milk and dairy products newsletter...

 

AGRICULTURE AND RURAL DEVELOPMENT Milk and dairy products newsletter

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Latest update Dashboard: Milk and dairy products Highlights EU dairy prices in the last 4 weeks; butter: 456 €/100 kg (+3.3%) , SMP: 246€/100 kg (+7.6%), WMP: 341 €/100 kg (+3.9%), cheddar : 359€/100 kg (+0.3%); EU avg. farm gate milk price decreased to 43.65 c/kg in August 2023, -0.2% compared to July 2023, and -16.7% compared to August 2022, estimated price for September: 43.54 c/kg (-0.2% compared to August 2023); IT spot milk price continues rising, now at 52.8 c/kg (01/10/2023); Feed costs decreased by (-0.3%) and energy costs increased by (+3.7%) in week 39 compared to the previous 4 weeks; World dairy prices on 1/10/2023 show that Oceania is still price competitive on SMP and WMP, while EU on Cheddar and Butter; GDT last auction (03/10/2023): general price index +4.4%. Price increased for: SMP (+6.6%), WMP (+4.8%), AMF (+3.7%), butter (+1.3%) and BMP (+0.6%), while decreased for cheddar (-4.8%) and for lactose (-1.3%). Related links EU milk and dairy products policy | EU agricultural markets short-term outlook Agricultural markets dashboard – sheep meat View the latest update Related links EU Lamb, mutton and goatmeat policy | EU agriclutural markets short-term outlook – animal products Latest news

EU-Japan: An additional 42 geographical indications protected for both sides EU and Japan agreed to protect an additional 42 geographical indications under the EU-Japan Economic Partnership Agreement.   See also Full article EU agri-food trade balance further improved in June The latest monthly agri-food trade report shows developments in imports and exports of EU agri-food products in June 2023.   See also Full article

Directorate-General for Agriculture and Rural Development