AGRICULTURE AND RURAL DEVELOPMENT

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Agricultural markets dashboard – sheep meat

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Latest update

Dashboard: Milk and dairy products

Highlights

IT spot milk price down, now at 42.8 c/kg (21.04.2024);
EU butter prices: 574€/100 kg, +1.3% in the last 4 weeks;
EU SMP prices: 239€/100 kg, -0.7% in the last 4 weeks;
EU WMP prices: 364€/100 kg, +2.2% in the last 4 weeks;
EU cheddar prices: 392€/100kg, +0.9% in the last 4 weeks;
Feed costs increased by +2.5% and energy costs by +0.7% in week 16 compared to the previous 4 weeks;
EU cow’s milk collection decreased by -0.6% in Jan-Feb 2024 and by -0.5% in Feb 2024 (Leap year adjusted);
In Feb 2024 (leap year adjusted), milk production increased by +5% in AU and by +1.9% in NZ, while decreased by -1.3% in the US and by -0.7% in the UK;
Evolution of EU dairy production in Jan-Feb 2024/2023: butter (-4.4%), and SMP (-4.5%); WMP (+7.6%), condensed (+9.6%), cream (+8%), drinking milk (+1.8%), fermented milk (+6.2%), cheese (+5.6%);
In Jan 2024, EU butter exports to top destinations were up: Saudia Arabia (+190%), USA (+8%) and the UK (+5%);
In Jan 2024, EU cheese exports were up: Japan (+3%), USA (+23%) and UK (+6%);
In Jan 2024, EU SMP exports went up to the Philippines (+138%) and Algeria (+35%), while EU WMP exports were up to Oman (+15%) and to the UK (+40%);
In Jan 2024, NZ exports were up for: butter (oil) (+4%), SMP (+15%), WMP (+20%) and down for cheese (-15%) compared to Jan 2023;
US dairy exports in Jan 2024 were down for butter(oil) (-32%) and SMP (-14%), and up for cheese (+13%) and WMP (+6%);
Chinese imports of cheese (+18%), WMP (+30%), caseines (+81%), condensed (+367%) and lactose (+13%) were up in Jan. 2024/23 while imports of butter(oil) (-21%), SMP (-15%), and wheypowder (-22%), were down.

Agricultural markets dashboard – eggs

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Agricultural markets dashboard – poultry meat

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Latest news

Commission delivers report on the implementation of EU rules against unfair trading practices in the food supply chain

The report on the implementation of the Directive on unfair trading practices in the food supply chain was one of the Commission’s commitments to strengthen the position of farmers in the food supply chain.

The European milk market observatory celebrates its 10th anniversary

The milk market observatory is celebrating its 10th anniversary. It was the first ever observatory for agricultural markets and since then, this successful format has been replicated for the sectors of meat, sugar, crops, fruit and vegetables and wine.

Upcoming event

Apply now for the EU Organic Awards 2024!

The European Commission is calling for applications for the 3rd EU Organic Awards to celebrate excellent, sustainable, and inspiring projects in the organic value chain.

Σελίδες

Τετάρτη 24 Απριλίου 2024