Trade and markets
 

Milk and dairy

The FAO Dairy Price Index - September 2018
The FAO Dairy Price Index averaged 191.5 points in September, down 4.7 points (2.4 percent) from the previous month, continuing the downward trend for the fourth consecutive month. In September, international prices of butter, cheese and Whole Milk Powder (WMP) declined while those of Skim Milk Powder (SMP) recovered. The potential for much larger export availabilities weighed on international prices of butter, cheese and WMP. However, SMP prices registered another intermittent recovery in September, resulting in a 16.2 percent gain since the start of the year, largely underpinned by stronger demand for freshly manufactured milk powder.

Dairy Outlook List - free subscription!
The Dairy Outlook List is a network to facilitate the exchange of information on developments in the world's dairy industry between list members.