Trade and markets

Milk and dairy

The FAO Dairy Price Index - June 2020

The FAO Dairy Price Index averaged 98.2 points in June, up 3.8 points (4.0 percent) from May. June marked the first increase in the value of the Index after four months of consecutive declines, even though the Index remained 4.6 percent below its level in the corresponding month of 2019. Price quotations for all the dairy products represented in the Index rose, but not to the pre-pandemic levels. Renewed import demand for spot supplies, especially from the Middle East and East Asia, coupled with seasonally declining supplies in Europe and limited availability of uncommitted supplies in Oceania, underpinned the recent price increases.

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