Trade and markets
 

Milk and dairy

The FAO Dairy Price Index - May 2018
The FAO Dairy Price Index averaged 215.2 points in May, up 11 points (5.5 percent) from April and marks the fourth month in a row for the index to rise. The index value stood at 11.5 percent higher than in May 2017, yet still 22 percent below the peak reached in February 2014. The rise in May was mainly driven by sizeable increases in the price quotations of cheese, Skim Milk Powder (SMP) and butter, as those of Whole Milk Powder (WMP) were virtually unchanged. Tight supplies in New Zealand, the leading exporter of dairy products, are much behind the market firmness witnessed in recent months.

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.