Dairy Market Review - December 2018

Year of publication2018

AuthorFAO

PublisherFAO

AbstractBuoyed by rising export availabilities, dairy prices weakened in the second half of 2018. Milk production increased in key producing countries, including New Zealand in the 2018/19 production cycle. Aided by high production in some regions, global butter supplies improved in recent months, while cheese trade expanded in 2018 at a slow pace than in 2017. Trade in Skim Milk Powder (SMP) and Whole Milk Powder (WMP) expanded on ample supplies and competitive prices.

 

ThemeAgricultural Commodities and Development

Product typeJournal; magazine; bulletin

SeriesDairy Market Review

Areas of workGlobal Commodity Markets

CommodityMilk and dairy

Keywordsdairy industry; milk production; milk products; international trade; trade statistics; world markets; forecasting