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…
Class IV Surges as Milk Price Gap Hits 6-Year High
The U.S. dairy market witnessed a significant shift in May 2026 as the gap between Federal Milk Marketing Order (FMMO) Class III and Class IV milk prices widened to $5.40 per hundredweight (cwt), the largest spread since 2020. The development has renewed incentives for depooling within FMMOs, with Class IV milk emerging as the higher-valued…