AGRICULTURE AND RURAL DEVELOPMENT
Milk and dairy products newsletter
Latest update
Dashboard: Milk and dairy products
HighlightsIT spot milk price down, now at 48c/kg (04.02.2024);
EU butter prices: 538€/100 kg, -1.1% in the last 4 weeks;
EU SMP prices: 251€/100 kg, -1.5% in the last 4 weeks;
EU WMP prices: 358€/100 kg, -2.3% in the last 4 weeks;
EU cheddar prices: 359€/100kg, +0.8% in the last 4 weeks;
Decrease of feed costs (-0.1%) and increased energy costs by (+2.2%); in week 5 compared to the previous 4 weeks;
EU avg. farm gate milk prices up (46.61 c/kg) in Dec 2023; +2.6% compared to Nov 2023 and -20% compared to Dec 2022; estimated price for Jan 2024: 45.94 c.kg (-1.4%);
Compared to Nov 2023, the Dec 2023 milk price is down in US (37.5/kg; -8%) and up in NZ (32.5c/kg; +2.7%);
Oceania is more price competitive on WMP and SMP, while US is more price competitive on cheddar, and EU on Butter;
GDT last auction (06.02.2024): general price index +4.2%, with a price increase for all products; AMF (+3.3%), butter (+10.3%), BMP (+1.2%), Cheese (+6.3%), Lactose (+2.6%), SMP (+4.6%) and WMP (+3.4%).
- no data available yet for the update of EU dairy productions -
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Directorate-General for Agriculture and Rural Development