The FAO Dairy Price Index - November 2014
The FAO Dairy Price Index averaged 178.1 points in November, down 6.2 points (3.4 percent) from October and 72.7 points (29.0 percent) less year-on-year; the substantial fall in international milk product prices over the past 12 months compares with a more modest year-on-year decline for the FAO Food Price Index overall. Since the beginning of the year, when prices were exceptionally high, quotations for dairy products have fallen, mainly as a result of increased export availability and a reduction in the pace of importation by some of the major markets, especially China and the Russian Federation.
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.