Trade and markets
 

Milk and dairy

The FAO Dairy Price Index - August 2017
The FAO Dairy Price Index averaged 219.7 points in August, up 3.1 points (1.4 percent) from July. Although at that level the index exceeded its year-earlier value by 65 points (42 percent), it still stood 20 percent below the peak reached in February 2014. Butter and Whole Milk Powder (WMP) prices rose in August due to reduced export availabilities resulting from greater domestic demand for butterfat in Europe and North America. By contrast, quotations of Skimmed Milk Powder (SMP) came under downward pressure due to prospects for greater export availabilities, while the global cheese market remained stable.

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.