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EU-28: SMP - Stocks, market prices and intervention prices

This page provides, in the relevant period, the connection among:
  • the average wholesale price of SMP in Germany (ADPI-Extra);
  • the stocks of SMP and
  • the EU intervention price (intervention is a system in which products are bought by the EU/Government when prices are low and butter supplies high. This excess is put under EU Public storehouses).
In fact the graph evidences the tight connection (inversely proportional) between market price of SMP and volume stocks and the decline of intervention.
Show/Hide the chart with EU-28 SMP stock starting from 2009


Magermilchpulver ADPI-Extra
Market price  (€/Ton)
Month 2015 2016 2017 ± on prev.
month.
± % from
2016
January 1.900 1.643 2.124 +1,53% +29,23%
February 2.160 1.628 2.005 -5,59% +23,20%
March 2.210 1.608 1.814 -9,53% +12,81%
April 2.029 1.620 1.728 -4,77% +6,64%
May 1.864 1.668 1.855 +7,38% +11,24%
June 1.798 1.724 2.013 +8,49% +16,73%
July 1.748 1.763 1.925 -4,35% +9,22%
August 1.675 1.841  
September 1.716 2.014  
October 1.834 2.115  
November 1.761 2.055  
December 1.683 2.092  
Average 1.865 1.814 1.923
Change¹ % -30,61% -2,71% +6,02%
Last Update: 2017-07-05
1) change from previous year
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
 
SMP - Skim Milk Powder
EU Intervention Price  (€/Ton)
Month 2015 2016 2017 ± on prev.
month.
± % from
2016
January 1.698 1.698 1.698 0,00% 0,00%
February 1.698 1.698 1.698 0,00% 0,00%
March 1.698 1.698 1.698 0,00% 0,00%
April 1.698 1.698 1.698 0,00% 0,00%
May 1.698 1.698 1.698 0,00% 0,00%
June 1.698 1.698 1.698 0,00% 0,00%
July 1.698 1.698  
August 1.698 1.698  
September 1.698 1.698  
October 1.698 1.698  
November 1.698 1.698  
December 1.698 1.698  
Average 1.698 1.698 1.698
Change¹ % +0,00% +0,00% +0,00%
Last Update: 2017-06-22
1) change from previous year
Source: EU - Management Committee
 
SMP - Skim Milk Powder
Storage warehouses  (Tons)
Month 2015 2016 2017 ± on prev.
month.
± % from
2016
January 16.547 81.696 412.280 -1,13% +404,65%
February 16.350 107.034 418.116 +1,42% +290,64%
March 15.571 138.564 408.678 -2,26% +194,94%
April 14.274 183.674 405.774 -0,71% +120,92%
May 14.671 259.150  
June 17.632 331.577  
July 24.174 381.083  
August 30.485 417.754  
September 43.547 430.247  
October 49.832 427.703  
November 51.679 425.051  
December 62.009 416.985  
Average 29.731 300.043 411.212
Change¹ % +624,82% +909,20% +37,05%
Last Update: 2017-06-13
1) change from previous year
Source: EU