Chinese dairy imports pick up
After the devastating year of 2022 for Chinese Dairy imports, all eyes were and continue to be on 2023. Will imports improve? Today, China has published May import data. The single month of May is pretty sound but the YTD May continues to suffer from the bad start of the year. In May we see strong results […]
Global dairy price index tumbles down again by 0.9%
Global Dairy Trade Event 333 concluded with the GDT Price Index down 0.9% on June 6th 2023. It has been second consecutive fall by almost the same magnitude of 0.9%. Apart from Cheese which is showing a strong growth no other commodities could impress with prices. Key Results AMF index up 1.8%, average price US$4,728/MT Butter index up […]
Big Fall in FAO Dairy Price Index prevented by Chinese purchase
The FAO Dairy Price Index averaged 124.6 points in April, down 2.2 points (1.7 percent) from March and 22.1 points (15.1 percent) from its level one year ago. In April, international prices of milk powders fell for the tenth consecutive month, primarily underpinned by the impact of the persistent slack global import demand. Increased purchases by […]
GDT price index posts second increase in a row
The Global Dairy Trade (GDT) price index has reported its second increase in a row following the latest trading event. As a result of trade event 331 held today (Tuesday, May 2), the price index rose by 2.5%. This follows an increase of 3.2% after the previous auction on April 18 , which marked the […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]
Global Dairy Review 2020: Excerpts from FAO Dairy Market Review
Highlights International dairy prices are rebounding slowly but remain below their May lows Despite market disruptions, world milk output is rising, mostly in Asia, but also in Europe and North America International trade in butter, cheese, and whole milk powder could expand, but skim milk powder may contract. The Food and Agriculture Organization of the […]