- EU average farm milk prices decreased by 1.4% in January 2019, to 35.03 c/kg.
- This price level is 1.5% lower than previous year but 2.6% higher than the average of last 5 years.
- EU SMP prices keep on improving (+1.8% over past 4 weeks) up to 190 €/100 kg.
- EU butter prices have dropped but are still at high levels (440 €/100 kg).
- WMP prices have increased and cheddar prices rather stable.
- Milk spot prices are stable this week both in IT and in NL.
- EU quotations for SMP (in US$) are virtually on par with the US.
- EU butter is slightly cheaper than the US, for the first time in two years.
Full data available: ec.europa.eu
Butter range from Dairy UA – click here.
Milk powders and Whey powders range from Dairy UA – click here.
