The December issue of the publication summarizes the salient trends and market outlook in 2022. International dairy prices eased in recent months due to subdued import demand. Moreover, global milk production is forecast to expand slightly, sustained by growth in Asia. Meanwhile, world dairy trade may contract for the first time in two decades.

The July issue of the publication summarizes the salient trends and drivers of market developments and significant public policy changes in 2021. The review finds that the international dairy prices rose steeply in 2021, driven by tight global supplies and sustained demand. Additionally, world milk output expanded in 2021, albeit growing at the slowest rate seen since 2013 and global export trade expanded moderately, caused by tight supplies and high...

The December issue of the Dairy Market Review presents emerging trends and outlook of international meat prices, global meat production and trade in meat products. Tight global supplies and sustained import demand underpin rising global dairy prices. Global milk production is rising, with significant expansions expected in Asia and North America. World dairy trade in 2021 is likely to reach a new high amid a sharp increase in imports by...

International dairy prices, measured by the FAO Dairy Price Index, fell slightly in June, ending 12-month of uninterrupted increases. At 119.9 points in June, the global dairy price index stood at 22 percent above its level one year ago. International quotations for all dairy products represented in the index fell in June, with butter registering the highest decline, underpinned by a faster decline in global import demand and a slight...

Dairy Market Review: Overview of global dairy market developments in 2020, April 2021 The Dairy Market Review, April 2021 issue presents an overview of global dairy market developments in 2020, including trends in international milk product prices, world milk production and international trade in milk products. International dairy prices declined in 2020, mainly reflecting reduced import demand due to widespread economic downturns in importing countries. High export availabilities in exporting countries,...

The December issue of the FAO Dairy Market Review highlights the emerging trends and outlook. It indicates that international dairy prices are rebounding slowly, but remain below their pre-pandemic levels. Considering the overall dairy product price movements from January to November, only cheese quotations registered an increase, reflecting persistent and robust import demand from Asia and internal demand in Europe. Despite COVID-19-related market disruptions, world milk production is rising, mostly...

International dairy prices in June, measured by the FAO Dairy Price Index, were down by 5.7 points (5.4 percent) from January 2020, with skim milk powder (SMP) registering the sharpest fall (-15.3 percent), followed by butter (11.8 percent), whole milk powder (WMP) (-11.2 percent), while cheese prices rose (+1.6 percent). In the key dairy importing countries, COVID-19-related lockdowns and social distancing measures reduced food-service sales in the first months of...

Global milk output in 2018 is estimated at 842 million tonnes, an increase of 2.2 percent from 2017, driven by production expansions in India, Turkey, the EU, Pakistan, the United States and Argentina, but partially offset by declines in China and Ukraine, among few others. This increase has come about as a result of higher dairy herd numbers along with improvements to milk collection processes (India and Pakistan), efficiency improvements...

This publication provides an update on production, trade and price movements of milk, and milk products (butter, cheese, skim milk powder and whole milk powder). It aims to provide a clear snapshot view of key changes and underlying determinants of world dairy markets. It is the only publication that covers dairy market developments in the entire world that is also updated regularly; it supports the division’s objective in providing market...

Buoyed 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...