Milk Market Situation - Vlaanderen · Exports New Zealand (up to Dec) EU-28 (up to Dec) Belarus (up...
Transcript of Milk Market Situation - Vlaanderen · Exports New Zealand (up to Dec) EU-28 (up to Dec) Belarus (up...
Milk Market Situation
Brussels, 20 February 2020
!!! Data from some Member States are confidential and are NOT included in this table !!!
20 February 2020
Jan-Dec 2019+ 0.4%
-4.0% to -1.1%
-1.1% to -0.6%
-0.6% to -0.1%
-0.1% to 0.0%
0.0% to +1.5%
+1.5% to +2.0%
+2.0% to +2.6%
+2.6% to +7.0%
n/a+2.4
+1.5
-0.7
0
-0.1
+2.0
+5.3
+0.9+2.0
-0.2
-0.1
+6.1
+0.6
-0.6
+3.7
+2.1
+2.7
-0.7
-1.4
+1.9
-0.1
+1.2
-1.2
-0.4
-1.0
-2.0
+1.6
Source : MS' Communications to Eurostat, FEGA, AGEA, Reg.479/2010.1(a)1
-3.9
DE, EL, HR, CY and SE figures based on MS notifications to DG AGRI - estimation for IT
The designations employed and the presentation of material on the map do not imply the expression of any opinion whatsoever o n the part of the European Union concerning the legal status of any country, territory or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. 20 February 2020
10 000
11 000
12 000
13 000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000
Ton
nes
EU* - Cows' milk collected
2016
2017
2018
2019
Jan-Dec 2019/18 : +0.6%
Source : Estat - Newcronos
Jan-Dec 2019/18: + 0.4%
20 February 2020
35.4
36.1
18
20
22
24
26
28
30
32
34
36
38
40
42
44
46
48
50
Jan 0
1
Jan 0
2
Jan 0
3
Jan 0
4
Jan 0
5
Jan 0
6
Jan 0
7
Jan 0
8
Jan 0
9
Jan 1
0
Jan 1
1
Jan 1
2
Jan 1
3
Jan 1
4
Jan 1
5
Jan 1
6
Jan 1
7
Jan 1
8
Jan 1
9
EUR/100 kgEU evolutive* Raw Milk Prices Evolution (up to Dec 2019)
Weighted EU Average (real fat content)
EU Milk Equiv. Price (based on SMP and Butter prices)
Source : MS’ communications under Reg. (EU) No 2017/1185 Article 12(a) - Annex II.4(a)
* : provisional figures
* EU evolutive: EU-15 (before 2004), EU-25 (2004 to 2006), EU-27 (2007 to 2013), EU-28 (2013 to 01/2020), EU-27 without UK (from 02/2020 onwards)
20 February 2020
58.5
52.4
39.0
38.9
38.7
37.3
36.8
36.5
36.4
36.1
35.6
35.6
35.4
35.3
34.4
34.3
34.2
34.0
33.3
33.1
33.0
32.8
32.6
31.8
31.3
30.8
30.6
30.1
33.6
0
5
10
15
20
25
30
35
40
45
50
55
60
65
CY MT FI GR IT AT FR IE° NL SE EU* LU BE DE HR CZ SI DK PL SK RO ES HU BG EE PT LT LV UK°
in E
UR
/1
00
kg
EU* MILK PRICES
Milk price 2018
Milk price 2019
Source : Member States (Regulation (EU) No 2017/1185 Article 12(a) - Annex II.4(a))
( Dec 2019 vs Dec 2018 )
: estimated figures for Dec 2019*: without UK
Source: MS’ communications under Reg. 479//2010
NB: The above national price averages are of mixed nature, some relate to standardised milk,
others to milk with real fat and protein content, pending harmonisation under reg. 479/2010
20 February 2020
Source: MS’ communications under Regs. 562/2005 and 479/2010
20 February 2020
100
150
200
250
300
350Ja
n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/1
00 k
g
Weekly EU SMP Prices
2017 2018 2019
2020 IP 2009 Avg 2007-2009
Latest price : 261 EUR/100kg
Evolution compared to same period last year : +39%
263 262 262 261 260 258
0
50
100
150
200
250
300
BE NL DE EU* Avg. CZ PL
in E
UR/1
00 kg
EU* S.M.P. Prices (up to 9.02.2020)
I.P. : 169.8
Source: Regulation (EU) No 2017/1185 Article 11 - Annex I.7
*: without UK
20 February 2020
Source: MS’ communications under Regs. 562/2005 and 479/2010
20 February 2020
200
250
300
350
400
450
500
550
600
650
700Ja
n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/1
00 k
g
Weekly EU BUTTER Prices
2017 2018 2019 2020 IP 2009
Evolution compared to same period last year : -18%
Latest price : 362 EUR/100kg
520
371 364 362 359 358 357 349
0
100
200
300
400
500
600
SK FR EE EU* Avg. BE DE NL PL
EU
R/1
00 k
g
EU* BUTTER Prices (up to 9.02.2020)
Source : Regulation (EU) No 2017/1185 Article 11 - Annex I.7
*: without UK
I.P. = 221.75
20 February 2020
362
261
100
150
200
250
300
350
400
450
500
550
600
650
700
Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 Jan 20
in E
UR/100 k
g
.
EU Quotations of Butter and SMP(EU average based on MS communication and weighted by production)
Butter Intervention buying in price SMP Intervention buying in price
BUTTER prices SMP prices
Source: MS’ communications under reg. 562/2005 and 479/2010
20 February 2020
EU evolutive (without UK from 02/2020 onwards)
100
150
200
250
300
350
400
450
500
550
600
650
700
Jan 0
3
Jan 0
4
Jan 0
5
Jan 0
6
Jan 0
7
Jan 0
8
Jan 0
9
Jan 1
0
Jan 1
1
Jan 1
2
Jan 1
3
Jan 1
4
Jan 1
5
Jan 1
6
Jan 1
7
Jan 1
8
Jan 1
9
Jan 2
0
in E
UR/1
00 k
g
EU evolutive* dairy Quotations
(EU Average Prices based on MS communication and weighted by production)
BUTTER
SMP
WMP
CHEDDAR
Source: Regulation (EU) No 2017/1185 Article 11 - Annex I.7
20 February 2020
* EU evolutive: EU-15 (before 2004), EU-25 (2004 to 2006), EU-27 (2007 to 2013), EU-28 (2013 to 01/2020), EU-27 without UK (from 02/2020 onwards)
Source: MS’ communications under Regs. 562/2005 and 479/2010
150
200
250
300
350
400
450Ja
n
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/1
00 k
g
Weekly EU WMP Prices
2017 2018 2019 2020
Evolution compared to same period last year : +9%
Latest price : 307 EUR/100kg
20 February 2020
Source: MS’ communications under Regs. 562/2005 and 479/2010
200
250
300
350
400
450
500
550
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/1
00 k
g
Weekly EU CHEDDAR Prices
2017 2018 2019 2020
Evolution compared to same period last year : +0%
Latest price : 302 EUR/100kg
200
250
300
350
400
450
500
550
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/100 k
g
Weekly EU EDAM Prices
2017 2018 2019 2020
Evolution compared to same period last year : +5%
Latest price : 325 EUR/100kg
20 February 2020
Source: MS’ communications under Regs. 562/2005 and 479/2010
50
60
70
80
90
100
110
120
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
EU
R/1
00 k
g
Weekly EU WheyPowder Prices
2017 2018 2019 2020 Series2
Evolution compared to same period last year : -1%
Latest price : 82 EUR/100kg
20 February 2020
20 February 2020
100 477
4 331 2 743 1 260 749 182 20 0 0
-150 000
-100 000
-50 000
0
50 000
100 000
150 000
200 000
250 000
300 000
350 000
400 000
Qu
anti
ty in
to
nn
es
Public SMP Intervention scheme (2018-2019)Buying-in quantity & stocks
Quantities In (2019) Quantities Out (2019) Quantity offered (2019)
Stocks level end of month (2019) Stocks level end of month (2018)
0
20 February 2020
EUR/USD1.0867
3 075
2 877
2 789
1 000
1 500
2 000
2 500
3 000
3 500
4 000
4 500
5 000
5 500
6 000O
ct 1
2
Jan 1
3
Apr
13
Jul 13
Oct 1
3
Jan 1
4
Apr
14
Jul 14
Oct 1
4
Jan 1
5
Apr
15
Jul 15
Oct 1
5
Jan 1
6
Apr
16
Jul 16
Oct 1
6
Jan 1
7
Apr
17
Jul 17
Oct 1
7
Jan 1
8
Apr
18
Jul 18
Oct 1
8
Jan 1
9
Apr
19
Jul 19
Oct 1
9
Jan 2
0
Prices in U
SD
/tonne
EU*/US/Oceania Quotations of SMP
Avg Oceania SMP quotation
Avg EU SMP internal Price
Avg US SMP quotation
Source: MS’ communications under Reg. 2017/1185 & USDA market news
* EU evolutive
20 February 2020
20 February 2020
3 238
3 348
3 968
1 500
2 000
2 500
3 000
3 500
4 000
4 500
5 000
5 500
6 000
Oct 1
2
Jan 1
3
Apr
13
Jul 13
Oct 1
3
Jan 1
4
Apr
14
Jul 14
Oct 1
4
Jan 1
5
Apr
15
Jul 15
Oct 1
5
Jan 1
6
Apr
16
Jul 16
Oct 1
6
Jan 1
7
Apr
17
Jul 17
Oct 1
7
Jan 1
8
Apr
18
Jul 18
Oct 1
8
Jan 1
9
Apr
19
Jul 19
Oct 1
9
Jan 2
0
Prices in U
SD
/tonne
EU*/US/Oceania Quotations of WMP
Avg Oceania WMP quotation
Avg EU WMP internal Price
Avg US WMP quotation
Source: MS’ communications under Reg. 2017/1185 & USDA market news
* EU evolutive
20 February 2020
4 238
3 9964 040
1 500
2 000
2 500
3 000
3 500
4 000
4 500
5 000
5 500
6 000
6 500
7 000
7 500
8 000
8 500
Oct 1
2
Jan 1
3
Apr
13
Jul 13
Oct 1
3
Jan 1
4
Apr
14
Jul 14
Oct 1
4
Jan 1
5
Apr
15
Jul 15
Oct 1
5
Jan 1
6
Apr
16
Jul 16
Oct 1
6
Jan 1
7
Apr
17
Jul 17
Oct 1
7
Jan 1
8
Apr
18
Jul 18
Oct 1
8
Jan 1
9
Apr
19
Jul 19
Oct 1
9
Jan 2
0
Prices in U
SD
/tonne
EU*/US/Oceania Quotations of Butter
Avg Oceania Butter quotation
Avg EU Butter internal Price
Avg US Butter quotation
Source: MS’ communications under Reg. 2017/1185 & USDA market news
* EU evolutive
20 February 2020
4 088
3 515
4 238
2 000
2 500
3 000
3 500
4 000
4 500
5 000
5 500
6 000O
ct 1
2
Jan 1
3
Apr
13
Jul 13
Oct 1
3
Jan 1
4
Apr
14
Jul 14
Oct 1
4
Jan 1
5
Apr
15
Jul 15
Oct 1
5
Jan 1
6
Apr
16
Jul 16
Oct 1
6
Jan 1
7
Apr
17
Jul 17
Oct 1
7
Jan 1
8
Apr
18
Jul 18
Oct 1
8
Jan 1
9
Apr
19
Jul 19
Oct 1
9
Jan 2
0
Prices in U
SD
/tonne
EU*/US/Oceania Quotations of Cheddar
Avg OceaniaCheddar quotation
Avg EU Cheddar internal Price
Avg US Cheddar quotation
Source: MS’ communications under Reg. 2017/1185 & USDA market news
* EU evolutive
453 461
162
218
675751
322715
0
50
100
150
200
250
300
350
400
450
500
2018 2019
1000
ton
nes
Butter & ButteroilExports
New Zealand (up to Dec)
EU-28 (up to Dec)
Belarus (up to Oct)
United States (up to Dec)
Ukraine (up to Nov)
832
880
350 363322 335
172 160171198
0
100
200
300
400
500
600
700
800
900
1 000
2018 2019
1000
ton
nes
Cheese Exports
EU-28 (up to Dec)
United States (up to Dec)
New Zealand (up to Dec)
Australia (up to Dec)
Belarus (up to Oct)
20 February 2020
816
962
715 704
358 374
155128
104
00
200
400
600
800
1 000
1 200
2018 2019
1000
ton
nes
S.M.P. Exports
EU-28 (up to Dec)
United States (up to Dec)
New Zealand (up to Dec)
Australia (up to Dec)
Mexico (up to Nov)
1 369
1 539
334297
143 132118 8555 42
0
200
400
600
800
1 000
1 200
1 400
1 600
1 800
2018 2019
1000
ton
nes
W.M.P. Exports
New Zealand (up to Dec)
EU-28 (up to Dec)
Uruguay (up to Dec)
Argentina (up to Dec)
Australia (up to Dec)
20 February 2020
EU-28 Exports (1/2)
Source : Eurostat (COMEXT)
0
20
40
60
80
100
120
140
160
2012 2013 2014 2015 2016 2017 2018 2019
102 102
120
135
162
137128
180
1000 Tonnes
BUTTER exports
0
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan- Dec 2019 exports compared to 2018 : + 41%
BUTTER exports
2018
2019
0
100
200
300
400
500
600
700
800
2012 2013 2014 2015 2016 2017 2018 2019
520
407
648695
579
780816
962
1000 TonnesSMP exports
0
10
20
30
40
50
60
70
80
90
100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan- Dec 2019 exports compared to 2018 : + 18%
SMP exports
2018
2019
20 February 2020
EU-28 Exports (2/2)
0
100
200
300
400
500
600
700
800
900
2012 2013 2014 2015 2016 2017 2018 2019
768 786721 719
799828 832
880
1000 Tonnes
CHEESE exports
0
100
200
300
400
500
2012 2013 2014 2015 2016 2017 2018 2019
386 374390 401
382 393
334
297
1000 TonnesWMP exports
0
10
20
30
40
50
60
70
80
90
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan- Dec 2019 exports compared to 2018 : + 6%
CHEESE exports
2018
2019
0
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan- Dec 2019 exports compared to 2018 : - 11%
WMP exports
2018
2019
20 February 2020
286
303
227
249
176 181
124131
108115
0
50
100
150
200
250
300
350
2 018 2 019
1000
ton
nes
Cheese Imports
Japan (up to Dec)
Russia (up to Nov)
United States (up to Dec)
South Korea (up to Dec)
China (up to Dec)113
86
77
101
57
67
40 39
3035
0
20
40
60
80
100
120
2 018 2 019
10
00
to
nn
es
Butter & ButteroilImports
China (up to Dec)
Russia (up to Nov)
United States (up to Dec)
Australia (up to Dec)
Philippines (up to Nov)
20 February 2020
521
671
150
n/a
104 9687 8568 61
0
100
200
300
400
500
600
700
800
2 018 2 019
1000
ton
nes
W.M.P.Imports
China (up to Dec)
Algeria (no data 2019)
Hong Kong (up to Dec)
Sri Lanka (up to Dec)
Brazil (up to Dec)
331
246
280
344
145
166
142
171
105 104
0
50
100
150
200
250
300
350
400
2 018 2 019
1000
ton
nes
S.M.P. Imports
Mexico (up to Nov)
China (up to Dec)
Philippines (up to Nov)
Indonesia (up to Nov)
Malaysia (up to Oct)
20 February 2020
Main Dairy Importers (Butter + Butteroil 1/2)
20 February 2020
0
25
50
75
100
125
2012 2013 2014 2015 2016 2017 2018 2019
48 52
80 7182
92113
86
1000 Tonnes
China
0
2
4
6
8
10
12
14
16
18
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018 : - 24%
2018
2016
2019
0
25
50
75
100
125
2012 2013 2014 2015 2016 2017 2018
68
136 139
96 105 9887
1000 Tonnes
Russia
0
2
4
6
8
10
12
14
16
18
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Nov 2019 compared to 2018 : + 32%
2018
2019
2019
Main Dairy Importers (Butter + Butteroil 2/2)
20 February 2020
0
25
50
75
100
125
2012 2013 2014 2015 2016 2017 2018 2019
21 21 23 21 29 34 40 39
1000 Tonnes
Australia
0
25
50
75
100
125
2012 2013 2014 2015 2016 2017 2018 2019
18 14 2240 47 43
5767
1000 Tonnes
United States
0
2
4
6
8
10
12
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes Jan-Dec 2019 compared to 2018 : - 3%
2018
2019
Jan-Dec 2019 compared to 2018 : - 3%
Main Dairy Importers (S.M.P. - 1/2)
Notice: for confidentiality reasons, 2019 data for Mexico may be incomplete.
0
50
100
150
200
250
300
350
400
2012 2013 2014 2015 2016 2017 2018
236198 203
259 286331
360
1000 Tonnes
Mexico
0
5
10
15
20
25
30
35
40
45
50
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
2018
2019
2019
0
50
100
150
200
250
2012 2013 2014 2015 2016 2017 2018 2019
168
235 253
200 184
247 280 344
1000 Tonnes
China
0
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018 : + 23%
2018
2017
Jan-Dec 2019 compared to 2018 : + 23%
2019
Jan-Nov 2019 compared to 2018 : n/a
20 February 2020
Main Dairy Importers (S.M.P. – 2/2)
0
50
100
150
200
250
2012 2013 2014 2015 2016 2017 2018
106 11395 101
185154 159
1000 Tonnes
Philippines
0
5
10
15
20
25
30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
2018
2014
Jan-Nov 2019 compared to 2018 : + 15%
2016
2019
2019
0
5
10
15
20
25
1000 tonnes
Jan-Nov 2019 compared to 2018 : + 20%
2009
2010
0
50
100
150
200
250
2012 2013 2014 2015 2016 2017 2018
136155 146 145 159 147 160
1000 Tonnes
Indonesia
0
5
10
15
20
25
30
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Nov 2019 compared to 2018 : + 20%
2018
2019
20 February 2020
Main Dairy Importers (W.M.P. 1/2)
0
100
200
300
400
500
600
700
2012 2013 2014 2015 2016 2017 2018 2019
406
619 671
347420 470 521
671
1000 Tonnes
China
0
20
40
60
80
100
120
140
160
180
200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018 : + 29%
2018
2019
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018
188142
204 224 224262
150
1000 Tonnes
Algeria
0
10
20
30
40
50
60
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
2018
2017 2019
20 February 2020
Main Dairy Importers (W.M.P. 2/2)
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018 2019
71 59 60 72 85 85 87 85
1000 Tonnes
Sri Lanka
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018 2019
64 74 81 75 86 87 104 96
1000 Tonnes
Hong Kong
0
2
4
6
8
10
12
14
16
18
20
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018 : - 2%
20182019
0
5
10
15
20
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnesJan-Dec 2019 compared to 2018 : - 7%
2018
2013 2016
Jan-Dec 2019 compared to 2018 : - 7%
2019
20 February 2020
Main Dairy Importers (Cheese – 1/2)
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018 2019
235 236 232 249 258 273 286 303
1000 Tonnes
Japan
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018: + 6%
2018
2016 2017
2019
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018
316440
321
209 223 226 250
1000 Tonnes
Russia
0
5
10
15
20
25
30
35
40
45
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Nov 2019 compared to 2018: + 10%
2018
2019
20 February 2020
Main Dairy Importers (Cheese – 2/2)
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018 2019
78 85 97 112 110 125 124 131
1000 Tonnes
South Korea
0
50
100
150
200
250
300
350
2012 2013 2014 2015 2016 2017 2018 2019
154 148 165200 205 183 176 181
1000 Tonnes
United States
0
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018: + 6%
2018
2019
0
5
10
15
20
25
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
Jan-Dec 2019 compared to 2018: + 3%
20182019
20 February 2020
7 000
7 200
7 400
7 600
7 800
8 000
8 200
8 400
8 600
8 800Jan
Fe
b
Ma
r
Apr
Ma
y
Jun
Jul
Aug
Sep
Oct
Nov
Dec
in 1
000 t
on
ne
s
U.S. milk production
2016
2017
2018
2019
Source:USDA
Jan-Dec 2019 compared to 2018 : + 0.3%
20 February 2020
Source: Dairy Australia
500
600
700
800
900
1 000
1 100
1 200
Ju
l
Au
g
Sep
Oc
t
No
v
Dec
Ja
n
Fe
b
Ma
r
Ap
r
Ma
y
Ju
n
in 1
000 t
on
ne
s
Jul-Dec 2019/20 compared to 2018/19 : - 4.3%
Australian milk production
2016/17
2017/18
2018/19
2019/20
20 February 2020
Source: DCANZ - Fonterra
0
500
1 000
1 500
2 000
2 500
3 000
3 500
Ju
n
Ju
l
Au
g
Sep
Oc
t
No
v
Dec
Ja
n
Fe
b
Ma
r
Ap
r
Ma
y
in 1
000 t
on
ne
s
.
Jun-Dec 2019/20 compared to 2018/19 : - 0.4%
NZ milk production
2016/17
2017/18
2018/19
2019/20
20 February 2020
GDT Auction results
Average price (USD/MT, FAS)
Event 2534 February 2020
-4.7%
$3 226
Event 2534 February 2020
-4.7%
$3 226
Butter
+0.2%$ 4 258
Butter MilkPowder
-5.2%$ 2 886
Cheddar
+6.0%$ 4 302
Anhydrous Milk Fat
-4.5%$ 4 626
Butter
+0.2%$ 4 258
Butter MilkPowder
-5.2%$ 2 886
Cheddar
+6.0%$ 4 302
Lactose
+2.5%$ 830
Rennet Casein
+6.0%$ 9 956
Skim MilkPowder
-4.2%$ 2 907
Lactose
+2.5%$ 830
Rennet Casein
+6.0%$ 9 956
Skim MilkPowder
-4.2%$ 2 907
Whole MilkPowder
-6.2%$ 3 039
20 February 2020