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Italy: Grana Padano and Parmigiano Reggiano prices and production
This page provides the comparison between prices of Grana Padano and Parmigiano Reggiano, both of them are PDO. cheeses and are quoted on the Milan Chamber of Commerce. The graphs below compare prices over a given period:
  • for 9-months from porducer Grana Padano and 12-months and over aged lot(s) Parmigiano Reggiano, both of Milan CC;
  • for 14-16 months Grana Padano of Mantua CC and Parmigiano Reggiano (12-months and over aged lot(s) and 24-months or older) of Milan CC.

Other considerations may be added:
  • The Parmigiano Reggiano is produced in small quantity and in a limited geographical area;
  • The Parmigiano Reggiano is produced with milk of cattle fed exclusively with meadow hay, green fodder and dry fodder (cereals flours and proteoleaginous crop).
    With regard to Grana Padano only, the use of ensilage for fedding the cows is permitted. The ensilage comes from cereal plants stored in silos.
This analysis is complemented by the chart of monthly changes of the production of Grana Padano and Parmigiano Reggiano.
Show/Hide the Grana Padano and Parmigiano Reggiano monthly production

Grana Padano
Aged 9 months from producer  (€/kg)
Month 2018 2019 2020 ± on prev.
month. 		± % from
2019
January 6,35 7,73 7,10 -1,80% -8,09%
February 6,20 7,88 7,10 +0,00% -9,84%
March 6,10 7,95 6,95 -2,11% -12,58%
April 6,13 7,95 6,78 -2,52% -14,78%
May 6,23 7,95 6,48 -4,43% -18,55%
June 6,25 7,98 6,16 -4,86% -22,76%
July 6,18 8,00  
August 6,15 8,00  
September 6,27 7,99  
October 6,53 7,84  
November 6,81 7,49  
December 7,20 7,23  
Average 6,37 7,83 6,76
Variazione¹ % -6,44% +23,00% -14,48%
Last Update:29-06-2020
1) change from the same period of previous year
Source: Milan Chamber of Commerce
 
Parmigiano Reggiano
Aged 12 months and over aged lot(s)  (€/kg)
Month 2018 2019 2020 ± on prev.
month. 		± % from
2019
January 9,69 10,86 9,22 -1,74% -15,10%
February 9,75 10,93 8,72 -5,40% -20,19%
March 9,75 10,95 8,26 -5,28% -24,58%
April 9,75 10,95 8,21 -0,55% -25,00%
May 9,75 10,95 7,95 -3,20% -27,40%
June 9,75 10,95 7,44 -6,42% -32,05%
July 9,75 10,95  
August 9,75 10,95  
September 9,75 10,86  
October 9,87 10,61  
November 10,01 9,89  
December 10,39 9,38  
Average 9,83 10,68 8,30
Variazione¹ % +2,68% +8,70% -24,07%
Last Update:29-06-2020
1) change from the same period of previous year
Source: Milan Chamber of Commerce
Show/Hide Grana Padano and Parmigiano Reggiano monthly production and prices

Grana Padano
Aging 14-16 months  (€/kg)
Month 2018 2019 2020 ± on prev.
month. 		± % from
2019
January 7,02 8,34 8,21 -0,15% -1,50%
February 6,87 8,50 8,23 +0,15% -3,24%
March 6,83 8,53 8,19 -0,41% -3,91%
April 6,88 8,53 8,15 -0,57% -4,46%
May 6,97 8,53 7,91 -2,85% -7,24%
June 6,98 8,61 7,78 -1,74% -9,72%
July 6,86 8,63  
August 6,69 8,63  
September 6,89 8,63  
October 7,28 8,48  
November 7,55 8,31  
December 7,90 8,23  
Average 7,06 8,49 8,08
Variazione¹ % -5,75% +20,33% -5,03%
Last Update:25-06-2020
1) change from the same period of previous year
Source: Mantua Chamber of Commerce
 
Parmigiano Reggiano
Aging 24 months  (€/kg)
Month 2018 2019 2020 ± on prev.
month. 		± % from
2019
January 11,64 13,31 11,69 -0,79% -12,18%
February 11,70 13,35 11,19 -4,26% -16,15%
March 11,70 13,35 10,70 -4,41% -19,85%
April 11,70 13,35 10,56 -1,29% -20,88%
May 11,70 13,35 10,04 -4,97% -24,81%
June 11,70 13,35 9,52 -5,21% -28,73%
July 11,75 13,35  
August 11,90 13,35  
September 12,15 13,05  
October 12,36 12,68  
November 12,64 12,14  
December 13,06 11,79  
Average 12,00 13,03 10,62
Variazione¹ % +6,32% +8,63% -20,44%
Last Update:29-06-2020
1) change from the same period of previous year
Source: Milan Chamber of Commerce
UK trade data for the period Jan - Apr 2020 are provisional