Trade and markets
 

Milk and dairy

The FAO Dairy Price Index - March 2018
The FAO Dairy Price Index averaged 197.4 points in March, up 6.2 points (3.3 percent) from February and slightly above its level in the corresponding period last year. During the month, international price quotations for butter, Whole Milk Powder (WMP) and cheese rose, while those of SMP declined, reversing the gains recorded in the two preceding months. Lower than anticipated milk production in New Zealand and continued strong global import demand led to higher butter, cheese and WMP prices, while continued pressure from global stocks and higher production pushed down SMP prices.

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.