Latest Dairy Quotations

EU. Oceania. USA. EU. Oceania. USA. EU. Oceania. USA. EU. Oceania. USA. EU. Oceania. USA. Butter. 7 283. 5 900. 5 158. 7 757. 6 275. 5 273. - 6.1%. - 6.0%.
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Milk Market Observatory

PRI.WO.Dair

Last update : 30.10.2017

Latest World Quotations of Dairy Products Latest Quotations

Week - 2

29/10/2017

In US$/t EU

Oceania

15/10/2017 USA

EU

Oceania

Year - 1 October 2016

% change (previous quotation)

USA

EU

Oceania

USA

EU

Oceania

% change (1 year)

USA

EU

Oceania

USA

Butter

6 924

5 763

5 052

7 329

5 900

5 158

- 5.5%

- 2.3%

- 2.1%

4 456

4 000

4 112

+ 55%

+ 44%

+ 23%

SMP

1 889

1 813

1 650

1 950

1 938

1 739

- 3.2%

- 6.5%

- 5.1%

2 197

2 263

1 906

- 14%

- 20%

- 13%

WMP

3 383

3 013

3 097

3 503

3 075

3 197

- 3.4%

- 2.0%

- 3.1%

2 923

2 825

2 921

+ 16%

+ 7%

+ 6%

Cheddar

4 104

4 125

3 792

4 195

4 125

3 836

- 2.2%

nc

- 1.1%

3 429

3 613

3 667

+ 20%

+ 14%

+ 3%

Source : Member States Notifications under Reg. 2017/1185, USDA

Latest Dairy Quotations 8 000 7 000 6 000

6 924 5 763 5 052

5 000 4 104 4 000

3 383

3 013

4 125

3 097

1 889

1 813

1 650

1 000 0

Butter

SMP

WMP

Page - 1 -

3 792

Oceania

USA

3 000 2 000

EU

Cheddar

EU/US/Oceania Quotations of SMP 6 000 Avg Oceania SMP quotation 5 500 Avg EU SMP internal Price 5 000

Avg US SMP quotation

4 000

3 500

3 000

2 500

2 000

1 889 1 813 1 650

1 500 Source: MS’ communications under Reg. 2017/1185 & USDA market news

- Page 2 -

Oct 17

Jul 17

Apr 17

Jan 17

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Jan 16

Oct 15

Jul 15

Apr 15

Jan 15

Oct 14

Jul 14

Apr 14

Jan 14

Oct 13

Jul 13

Apr 13

Jan 13

Oct 12

Jul 12

Apr 12

Jan 12

Oct 11

Jul 11

Apr 11

Jan 11

Oct 10

1 000 Jul 10

Prices in USD/tonne

4 500

EU/US/Oceania Quotations of WMP 6 000 Avg Oceania WMP quotation 5 500

Avg EU WMP internal Price Avg US WMP quotation

4 500

4 000

3 500 3 383

3 097 3 013

3 000

2 500

2 000

Source: MS’ communications under Reg. 2017/1185 & USDA market news

- Page 3 -

Oct 17

Jul 17

Apr 17

Jan 17

Oct 16

Jul 16

Apr 16

Jan 16

Oct 15

Jul 15

Apr 15

Jan 15

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Jul 14

Apr 14

Jan 14

Oct 13

Jul 13

Apr 13

Jan 13

Oct 12

Jul 12

Apr 12

Jan 12

Oct 11

Jul 11

Apr 11

Jan 11

Oct 10

1 500 Jul 10

Prices in USD/tonne

5 000

EU/US/Oceania Quotations of Butter 8 500 8 000 Avg Oceania Butter quotation

7 500

Avg EU Butter internal Price 7 000

6 924 Avg US Butter quotation

6 000 5 763 5 500 5 052

5 000 4 500 4 000 3 500 3 000 2 500 2 000

Source: MS’ communications under Reg. 2017/1185 & USDA market news

- Page 4 -

Oct 17

Jul 17

Apr 17

Jan 17

Oct 16

Jul 16

Apr 16

Jan 16

Oct 15

Jul 15

Apr 15

Jan 15

Oct 14

Jul 14

Apr 14

Jan 14

Oct 13

Jul 13

Apr 13

Jan 13

Oct 12

Jul 12

Apr 12

Jan 12

Oct 11

Jul 11

Apr 11

Jan 11

Oct 10

1 500 Jul 10

Prices in USD/tonne

6 500

EU/US/Oceania Quotations of Cheddar 6 000 Avg OceaniaCheddar quotation 5 500

Avg EU Cheddar internal Price Avg US Cheddar quotation

4 500 4 125 4 104

4 000

3 792

3 500

3 000

2 500

Source: MS’ communications under Reg. 2017/1185 & USDA market news

- Page 5 -

Oct 17

Jul 17

Apr 17

Jan 17

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Jul 16

Apr 16

Jan 16

Oct 15

Jul 15

Apr 15

Jan 15

Oct 14

Jul 14

Apr 14

Jan 14

Oct 13

Jul 13

Apr 13

Jan 13

Oct 12

Jul 12

Apr 12

Jan 12

Oct 11

Jul 11

Apr 11

Jan 11

Oct 10

2 000 Jul 10

Prices in USD/tonne

5 000