Trade and markets

Milk and dairy

The FAO Dairy Price Index - January 2020

The FAO Dairy Price Index averaged 200.6 points in January, up nearly 1.8 points (0.9 percent) from December. At this level, the Index stands 18.5 points (10.2 percent) above its value in the corresponding month last year. In January, price quotations for butter, cheese and skim milk powder (SMP) all rose, reflecting strong import demand, combined with limited spot availabilities in Europe as well as in Oceania. Seasonal-low milk production in Oceania provided additional price support. By contrast, quotations for whole milk powder (WMP) fell, reflecting limited global demand during the first half of the month.

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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.