Trade and markets
 

Milk and dairy

The FAO Dairy Price Index - July 2019
The FAO Dairy Price Index averaged 193.5 points in July, down 2.9 percent (5.7 points) from June, representing the second consecutive month of decline. At this level, the index value is some 6 percent above that of January 2019 but almost 3 percent below the corresponding month last year. In July, quotations for butter declined the most, followed by cheese and Whole Milk Powder (WMP). Weakness from lacklustre spot market trading, as the summer holiday period in the Northern hemisphere enters its peak, contributed to the weaker prices. By contrast, Skim Milk Powder (SMP) prices recovered, supported by firmer buying interest from the Middle East and Asia.

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.