EU Dairy Markets Diverge as Butter Rises, SMP Falls
The latest European Union dairy commodity price report highlights sharply contrasting trends across key dairy products, with butter prices rising 17% year-on-year to €395 per 100 kg, while skimmed milk powder (SMP) prices plunged 46% to €283 per 100 kg. The figures, released by the European Commission’s Milk Market Observatory and reported by IndexBox, reflect…