Trade and markets

Milk and dairy

The FAO Dairy Price Index - September 2017
The FAO Dairy Price Index averaged 224.2 points in September, up 4.5 points (2.1 percent) from the previous month. At this level, the index was 27.4 percent higher than the corresponding period last year, but still 18.6 percent below its peak reached in February 2014. The increase in September reflects continued supply constraints in Australia, New Zealand and the European Union, with growth in the United States remaining timid. Butter and cheese remain the dairy products in highest demand, especially in Asia. Meanwhile, international prices of Skimmed Milk Powder (SMP) and Whole Milk Powder (WMP) fell due to limited buying interests.

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.