CLAL - Advisory in Dairy and Food Product

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China: recovery after lockdown and trade agreements with the U.S.

This edition of CLAL Lens aims to quantify:

the recovery of China’s imports after the lockdown implemented to face the spread of Coronavirus, and
the effect of the recent trade agreements with the United States

The information is reported both in terms of volumes and value, with real-time updates.

Check out the China imports with breakdown by dairy product >

Flash Bulletins on the Dairy Market

Reports on specific topics to find engaging answers to market questions

Flash Bulletins on the Dairy Market

Reports on specific topics to find engaging answers to market questions.

November 30, 2018

August 31, 2018

A new Flash Bulletin will be available soon...

visit the page »« back to main chart

Related Charts

Market News

World

Russia: Milk Production	In aumento	+1,73%
Japan: Caseins price	In aumento	+0,11%
Japan: Farm gate milk price	In aumento	+0,10%
Chile: Milk Delivery	In aumento	+10,33%
Chile: Farm gate milk price	In calo	-0,98%
Brazil: Farm gate milk price	In aumento	+16,11%

Europe

EU-28: Farm-gate milk prices	In calo	-1,23%
DE, Bavaria: Farm gate milk price	In calo	-0,12%
DE, Hannover: Gouda 45% price	In aumento	+1,75%
DE, Hannover: Edamer 40% price	In aumento	+1,75%
Germany: Sweet Whey, food quality price	In calo	-1,14%
Germany: Sweet Whey feed quality price	In calo	-1,45%

Italy

IT: Gorgonzola PDO Production	In aumento	+24,37%
IT,Reggio Emilia: Parmig. Regg. (24 months) price	In aumento	+1,01%
IT, Verona: foreign Whole Spot milk price	In calo	-1,43%
IT, Verona: foreign Skim Spot milk price	In calo	-2,50%
IT, Verona: Spot milk price	In calo	-1,41%
IT: Grana Padano Production PDO	In aumento	+6,39%

click to see the
AGRICULTURAL MARKET News:
PRICES of FEED and FERTILIZERS

Information Note

Market News evidences only the changes; should no price change or no quotation take place, any mention will be made.
The change/variation concerning PRODUCTION/OUTPUT quantity refers to the same period of the previous year.
The change/variation concerning STOCK quantity refers to the previous month.
The change/variation of price refers to PRICES expressed in local currency (for both EU and the World). The change refers to the previous week/month/year, as the case may be. In the case of dual-listed (min and max), changes are calculated using the MAX PRICE.

Global Snapshot

MILK EQUIVALENT | SMP | WMP | BUTTER | CHEESE

Milk Equivalent ('000 Ton)	Δ Milk P.	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-May 2020 on Jan-May 2019
EU-28	+1,9% +1.291	-22,5% -65	-5,6% -524	+0,2% +118	+1.633
New Zealand	-0,3% -21	+9,1% +6	-6,1% -537	+1,4% +9	+512
USA	+2,0% +837	+1,2% +8	+10,9% +502	+1,1% +422	-79
Belarus	+5,1% +154	-2,2% -1	-1,6% -25	-1,6% -18	+196
Australia	+5,4% +173	+13,0% +72	-10,8% -164	-0,5% -13	+422
Uruguay	+4,8% +34	+31,2% +5	-11,0% -62	0% 0	+101
Argentina	+9,0% +325	-75,5% -19	+21,4% +75	+5,3% +128	+104
Ukraine	-3,7% -141	+123,6% +84	-29,9% -47	+0,2% +8	-17
Chile	+5,6% +49	-10,8% -1	-17,0% -4	0% 0	+52
TOTAL	*+2,0%* +2.701	*+5,3%* +91	*-2,9%* -786	*+0,6%* +654	+2.925
Last update: 2020-07-18 (e) Estimated data * Import, Export and Consumption data are in Milk Equivalent (ME), comprehensive of WMP, Cheese, SMP+Butter and Liquid Milk. Import and Export data are also comprehensive of Condensed Milk and Yogurt. Information Note SOURCE Production: EU-28: Eurostat, FEGA, DEFRA, AGEA, Zuivel; New Zealand: DCANZ; US: National Agricultural Statistics Service; Australia: Dairy Australia; Belarus: National Statistical Committee of the Republic of Belarus; Uruguay: INALE; Argentina: Subsecretaría de Lechería - Ministerio de Agroindustria; Ukraine: State Statistics Committee of Ukraine; Chile: ODEPA. Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: FAS-USDA The domestic consumption changes estimated by the FAS-USDA source are updated every six months (June and December). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

Milk Equivalent ('000 Ton)	Δ Milk P.	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2019 on Jan-Dec 2018
EU-28	+0,5% +842	+15,2% +87	+9,3% +1.849	+0,9% +1.402	-2.322
New Zealand	-0,7% -160	+26,4% +40	+9,0% +1.587	+1,7% +27	-1.734
USA	+0,4% +369	+4,2% +71	-0,6% -65	+1,3% +1.130	-625
Belarus	+0,7% +49	+1,9% +1	+5,0% +190	+5,6% +143	-282
Australia	-6,5% -620	+5,4% +66	-11,6% -448	+1,0% +66	-172
Uruguay	-4,5% -96	+1,2% +0	+251,3% +1.065	0% 0	-1.160
Argentina	-1,8% -177	+5,6% +2	+117,1% +621	-3,4% -206	-589
Ukraine	-3,9% -388	+63,3% +87	-4,0% -15	+1,9% +152	-438
Chile	-1,4% -31	+26,3% +3	-10,4% -6	-3,0% -16	-6
TOTAL	*-0,1%* -211	*+9,1%* +357	*+8,3%* +4.778	*+1,0%* +2.698	-7.329
Last update: 2020-07-18 (e) Estimated data * Import, Export and Consumption data are in Milk Equivalent (ME), comprehensive of WMP, Cheese, SMP+Butter and Liquid Milk. Import and Export data are also comprehensive of Condensed Milk and Yogurt. Information Note SOURCE Production: EU-28: Eurostat, FEGA, DEFRA, AGEA, Zuivel; New Zealand: DCANZ; US: National Agricultural Statistics Service; Australia: Dairy Australia; Belarus: National Statistical Committee of the Republic of Belarus; Uruguay: INALE; Argentina: Subsecretaría de Lechería - Ministerio de Agroindustria; Ukraine: State Statistics Committee of Ukraine; Chile: ODEPA. Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: FAS-USDA The domestic consumption changes estimated by the FAS-USDA source are updated every six months (June and December). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

SMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan 2020 on Jan 2019
USA	+1,4% +1	+68,9% +0	+40,1% +20	+21,0% +7	-26
EU-28	+2,3% +3	-13,0% -0	-29,1% -25	-8,2% -6	+34
New Zealand	0% 0	+103,1% +0	-8,8% -4	0% 0	+4
Australia	-26,4% -3	+48,0% +1	-45,7% -9	+6,7% +0	+6
TOTAL	*+0,4%* +1	*+49,2%* +1	*-9,0%* -18	*+1,8%* +2	+18
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of WMP export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

SMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2019 on Jan-Dec 2018
USA	+3,7% +39	-56,0% -1	-1,5% -11	+10,2% +38	+11
EU-28	-0,8% -12	+62,2% +2	+17,9% +146	-17,0% -167	+11
New Zealand	0% 0	+47,6% +1	+4,1% +15	+20,0% +1	-14
Australia	-25,5% -51	+14,3% +2	-17,7% -27	-6,3% -3	-19
TOTAL	*-0,9%* -24	*+22,6%* +5	*+6,0%* +123	*-9,3%* -131	-11
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of WMP export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

WMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan 2020 on Jan 2019
New Zealand	0% 0	-56,6% -0	-16,4% -28	-8,7% -0	+28
EU-28	+7,4% +5	-92,1% -1	+6,1% +2	-3,6% -1	+4
Australia	+16,7% +0	+143,6% +3	+116,2% +3	-5,4% -0	+1
USA	-29,3% -2	-6,3% -0	-10,7% -0	-4,3% -0	-1
TOTAL	*+4,9%* +4	*+48,4%* +2	*-11,9%* -24	*-4,0%* -2	+32
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, BLE, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of WMP export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

WMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2019 on Jan-Dec 2018
New Zealand	0% 0	+108,9% +2	+12,2% +167	+15,0% +3	-168
EU-28	+1,9% +15	+194,6% +3	-10,9% -37	+11,0% +48	+7
Australia	-40,3% -25	+26,1% +8	-22,8% -13	+5,7% +2	-6
USA	-2,2% -1	+62,4% +5	-18,4% -9	+35,3% +18	-5
TOTAL	*-1,3%* -12	*+44,1%* +19	*+6,0%* +108	*+13,1%* +71	-172
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, BLE, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of WMP export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

BUTTER ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan 2020 on Jan 2019
New Zealand	0% 0	-58,7% -0	-11,0% -6	+3,4% +0	+5
EU-28	-1,7% -3	-83,9% -1	+73,6% +9	+0,2% +0	-15
USA	-2,8% -3	+9,0% +0	-14,7% -0	+2,5% +2	-4
Australia	+21,4% +1	+32,5% +1	-61,6% -1	-4,4% -0	+3
TOTAL	*-1,8%* -5	*+1,6%* +0	*+3,9%* +3	*+0,8%* +2	-10
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat; New Zealand: The Data are calculated by applying the incidence of BUTTER export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

BUTTER ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2019 on Jan-Dec 2018
New Zealand	0% 0	+35,6% +0	+1,7% +8	+3,6% +1	-9
EU-28	+4,5% +97	-33,1% -7	+36,1% +57	+1,3% +27	+6
USA	+1,3% +12	+17,4% +10	-36,6% -19	+4,4% +38	+3
Australia	-23,4% -12	-3,1% -1	+6,8% +1	-1,7% -1	-13
TOTAL	*+3,1%* +97	*+1,9%* +2	*+6,9%* +47	*+2,2%* +65	-13
Last update: 2020-05-22 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat; New Zealand: The Data are calculated by applying the incidence of BUTTER export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

CHEESE ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan 2020 on Jan 2019
EU-28	+1,6% +13	+3,5% +0	+18,9% +13	+0,6% +4	-4
New Zealand	0% 0	-52,7% -1	+21,8% +6	+5,3% +0	-7
USA	-0,5% -3	-0,8% -0	+0,5% +0	+1,9% +9	-12
Australia	+0,3% +0	+6,3% +1	+0,0% +0	+1,6% +0	+0
TOTAL	*+0,8%* +10	*+0,5%* +0	*+14,1%* +19	*+1,1%* +14	-23
Last update: 2020-07-16 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, CSO, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of CHEESE export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »

CHEESE ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2019 on Jan-Dec 2018
EU-28	+0,4% +36	+6,8% +4	+5,7% +47	+0,7% +66	-73
New Zealand	0% 0	+9,0% +1	+4,0% +13	-5,0% -2	-10
USA	+0,8% +45	+2,4% +4	+3,4% +12	+1,3% +76	-38
Australia	-0,7% -3	-1,5% -1	-7,0% -12	+3,7% +11	-3
TOTAL	*+0,5%* +79	*+2,3%* +8	*+3,6%* +60	*+1,0%* +151	-124
Last update: 2020-07-16 (e) Estimated data Information Note SOURCE Production: EU-28: Eurostat, CSO, data estimated by CLAL; New Zealand: The Data are calculated by applying the incidence of CHEESE export on Total Dairy export to the annual production data (Source: FAS-USDA). The same calculation is used also to the current year data, applying the incidence calculated for the previous year. US: National Agricultural Statistics Service; Australia: Dairy Australia; Import/Export: EU-28: Eurostat; New Zealand: Stat.nz; US: Census Bureau. Domestic Consumption: Data calculated by applying the incidence of FAS-USDA consumption (compared to FAS-USDA productions) to the production data (retrieved from local sources). Note: The balance sheet at the moment does not consider the trade of FFMP (fat-filled milk powder) - HS 190190, milk powder that has a fat content similar to whole milk powder, but instead of butterfat contains vegetable fats.
« Last year Current year »


/Ton	US (2020-07-31)		OCEANIA (2020-07-31)		EU¹ (2020-08-05)		GDT² (2020-08-04)
Product	Value	% Chg*	Value	% Chg*	Value	% Chg*	Value	% Chg*
CHEESE	4.966	-11,3%	3.750	-5,1%	3.224	+1,0%	3.409	-10,3%
BUTTER	3.544	-7,1%	3.525	-6,0%	4.030	+0,4%	3.495	+0,4%
SMP	2.216	0,0%	2.725	-1,8%	2.500	-0,8%	2.602	-3,2%
WMP	3.803	+3,0%	3.288	+1,5%	3.271	+0,4%	3.056	-7,3%
WHEY POWDER	694	-0,8%			976	-0,8%
MILK (US$/100Kg)	39,90	+33,1%	32,31	-5,7%	36,24	+2,0%
Change from previous price ¹ Prices refer to Germany. Cheese and Milk European prices refer to Milk Market Observatory. ² Contract 2 GDT n.a.*: not available

Show/Hide Global Snapshot in €

/Ton	US (2020-07-31)		OCEANIA (1596146400)		EU¹ (2020-08-05)		GDT² (2020-08-04)
Product	Value	% Chg*	Value	% Chg*	Value	% Chg*	Value	% Chg*
CHEESE	4.229	-12,6%	3.193	-7,7%	3.224	+1,0%	2.907	-12,4%
BUTTER	3.018	-8,5%	3.002	-8,6%	3.425	0,0%	2.981	-1,9%
SMP	1.887	-1,5%	2.321	-4,6%	2.125	-1,2%	2.219	-5,5%
WMP	3.239	+1,5%	2.800	-1,3%	2.780	0,0%	2.606	-9,6%
WHEY POWDER	591	-2,3%			830	-1,2%
MILK (€/100Kg)	35,46	+28,9%	28,71	-8,7%	32,20	-1,2%
Change from previous price ¹ Prices refer to Germany. Cheese and Milk European prices refer to Milk Market Observatory. ² Contract 2 GDT n.a.*: not available

FOCUS Price Products € in real time

	Area	Last updated	± from prev. price	± from 1 year ago
Price / Quotation
Whole Milk…
▸ “SPOT”	Italy	3 Aug 2020	-0,9%	-21,1%
▸ farm-gate	EU (13 country)	Jul 2020	-1,2%	-4,1%
▸ farm-gate	USA	Jun 2020	+28,9%	+0,3%
PDO cheeses…
▸ hard	Italy	6 Aug 2020	+0,7%	-22,5%
▸ semi-hard	Italy	3 Aug 2020	0,0%	+2,3%
▸ fresh	Italy	3 Aug 2020	0,0%	+1,8%
Cheeses	Germany and Oceania	5 Aug 2020	-2,0%	-4,9%
Butter	Italy, Germany and Oceania	5 Aug 2020	-2,9%	-11,4%
SMP (Skimmed Milk Powder)	Germany, Oceania and USA	5 Aug 2020	-2,2%	+1,0%
Whey powder	Germany and USA	5 Aug 2020	-1,8%	-2,5%
Corn	Italy and USA	4 Aug 2020	-1,3%	-7,3%
Soybeans	Italy and USA	4 Aug 2020	+0,0%	+8,0%
Oil	Europe	31 Jul 2020	-0,8%	-30,9%
Retail price
PDO hard cheeses	Italy	Jun 2020	-1,4%	-3,5%
Fresh cheeses	Italy	Jun 2020	-0,6%	-1,6%
Butter	Italy	Jun 2020	-0,8%	-4,2%

Percentage price changes relate to (i) the last quotation period, and to (ii) the same period of the previous year

CLICK HERE for further information.

World Supply and Demand

Global Milk Supply in the Key Exporters of Dairy Products: +1,9% (Jan'20 - Jun'20)

Dairy Products Production in some Key Exporting Countries

Milk Powders (WMP and SMP), Butter and Cheese Exports of the main Exporting countries +1,78% (Apr'20 - May'20)

BUTTER Stocks
· US Stocks: Jun 30, 2020 164.040 tons (-3,8% on May 31, 2020; +10,8% on Jun, 2019)
· EU-28

- Public Stocks: Jun 30, 2020 63.339 tons (+79,8% on May 31, 2020; +633.389.900,0% on Jun, 2019)
- Consumption (Production + Import - Export): May 31,2020: 179.471 tons (-8,2% on Apr 30, 2020; -6,8% on May, 2019)

SMP Stocks
· US Stocks: Jun 30, 2020 131.111 tons (-16,4% on May 31, 2020; -0,7% on Jun, 2019)
· EU-28
- Public Stocks: Jun 30, 2020 19.649 tons (+239,5% on May 31, 2020; +10.696,2% on Jun, 2019)
- Consumption (Production + Import - Export): May 31,2020 76.447 tons (+6,8% on Apr 30, 2020; +9,6% on May, 2019)

CHEESE Stocks
· US Stocks: Jun 30, 2020 642.456 tons (-2,6% on May 31, 2020; +2,6% on Jun, 2019)
· EU-28
Consumption (Production + Import - Export): May 31,2020 0 tons (+6,8% on Apr 30, 2020; +9,6% on May, 2019)
· ITALY

Grana Padano Stocks:
- Marked PDO: Jun 30, 2020 1.784.852 number of wheels (-2,0% on 31 May 2020; +4,3% on Jun, 2019)
- Total: Jun 30, 2020 6.006.428 number of wheels (+1,1% on 31 May 2020; +4,3% on Jun, 2019)

DRY WHEY Stocks
· US Stock: Jun 30, 2020 38.313 tons (-0,4% rispetto a May 31, 2020; +23,6% rispetto a Jun, 2019)

CLALenter

CLAL is an Italian Dairy Economic Consulting firm that analyses the Dairy Market, describes trends and provides data, news and synthesis thanks to information and training activities.

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Dairy Market Alert

Clal.it outlines hereafter some important changes that occured in the market and may have an impact on the market trend:

export share of production of Grana Padana, Parmigiano Reggiano and Gorgonzola cheeses,
Cheese, Butter, Powder and Packed Milk import and export flows of the main dairy players.

Export share of production:
▸ Grana Padano + Parmigiano Reggiano -0,9 % points (Jan-May '20) *
▸ Gorgonzola +2,1 % points (Jan-May '20) *

▸ Argentina Cheese Export: -31,3% (Jun '20) **
▸ Australia WMP Export: -24,9% (Jun '20) **
▸ United States Cheese Import: -18,3% (Jun '20) **
▸ United States Cheese Export: +28,3% (Jun '20) **

Show/Hide all ALERT

▸ Japan Cream Import: +1.223,3% (Jun '20) **
▸ United States SMP Export: +77,1% (Jun '20) **
▸ Argentina WMP Export: +487,0% (Jun '20) **
▸ United States Butter Import: +54,2% (Jun '20) **
▸ Australia Bulk and Packed Milk Export: +20,2% (Jun '20) **
▸ Australia Cream Export: +30,0% (Jun '20) **

Access the Dairy World Trade section » to analyse more in depth

* Compared to the same period of the previous year

** Compared to the same month of the previous year (Information Note)

Import or Export changes become “Alerts” if the given thresholds are exceeded: Cream ± 20 %, Milk in packings of > 2 l ± 20 %, Milk in packings of <= 2 l ± 20 %, Baby milk ± 15 %, Butter ± 15 %, Cheese ± 15 %, SMP ± 20 %, WMP ± 20 %, Whey powder ± 40 %

Clal Updates and Publications

CLAL.it provides the Operators with a range of updated information.

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Less milk available for processing companies [News South America n°11/2020]
Period: June 23 – July 17, 2020 Brazil+9.8% farmgate milk price June 2020 In Brazil, Milk production is decreasing. The lack of rains ... read
Sustainability and quality of milk will be rewarded in New Zealand [News Oceania n°11/2020]
Period: June 22 – July 3, 2020 Australia+6% milk production May 2020 y-o-y In Australia, May 2020 milk production is 6% higher than May ... read
Brazil: Covid-19 hits the dairy sector [News South America n°10/2020]
Period: June 8 – 19, 2020 During the past couple of weeks, mild climate conditions in Argentina and Uruguay stimulated the development of ... read

ITALY: Import/Export as of May 31, 2020

Exports of G.Padano + P.Reggiano:	+0,24 %
Exports of Gorgonzola:	+0,27 %
Exports of Grated cheese:	+6,90 %

Imports of Full-fat bulk milk:	-10,50 %
Imports of Packed semi-skimmed milk:	+0,41 %

Next Update: September 10, 2020

GlobalDairyTrade results of August 04, 2020

Change in Price Index from Previous Event: -5,1 %
Average Winning Price: 3.045 US$ / Ton

	Average price USD / Ton	Change
AMF (Anhydrous Milk Fat)	3.994	+3,0 %
BMP (Butter Milk Powder)	2.259	-6,5 %
BUTTER 82%	3.438	-2,8 %
RENNET CASEIN	n.a.	-
CHEDDAR	3.568	-5,3 %
LACTOSE	1.349	+5,7 %
MPC (Milk Protein Concentrate)	n.a.	-
SMP (Skim. milk Powder)	2.583	-4,6 %
SWP (Sweet Whey Powder)	n.a.	-
WMP (Whole milk Powder)	3.003	-7,5 %

Next GlobalDairyTrade Event: August 18, 2020

December 2019: Quarterly Macroeconomic Outlook
Macroeconomic Outlook edited by the Research Department of Intesa Sanpaolo Group, Italy

a new project: Sistema Stalla

Performance and Competitiveness of Italian Dairy Farms

CLAL focus on: Bauli Croissant

Name:: Bauli croissant

Company:: Bauli SpA
Establishment country:: Verona,Italy

Products:: Naturally leavened oven-baked products (holidays cakes, croissants, puff pastries, confectionery cakes, shortbreads, savory biscuits, cream crackers, other snacks)

Like Bauli's holiday cakes, the Bauli croissants are made using a long natural leavening process.
Water and flour are progressively added to the natural yeast to create a croissant dough without the use of chemical additives, allowing it to rise naturally. After 18 hours of leavening the croissants have the right softness, flavor and unique aroma. They stay fresh for much longer than regular bread or cakes, without any preservatives inside.

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CLAL for Tech

Clal opens up a showcase for innovative technological products. Each product is linked with a technical sheet and a Company profile.

Agricultural Market Feed

IT, Milan: Bran price	In aumento	+2,07%
IT, Milan: Italian higher common wheat price	In aumento	+0,50%
IT, Milan: Italian Corn price	In aumento	+0,54%
IT, Milan: Italian Soybeans flour price	In aumento	+0,60%
US: Soybean meal high	In aumento	+2,94%
US: Wheat hard red	In aumento	+2,20%
US: Corn price	In calo	-2,74%

Information Note

Market News evidences only the changes; should no price change or no quotation take place, any mention will be made.
The change/variation concerning PRODUCTION/OUTPUT quantity refers to the same period of the previous year.
The change/variation concerning STOCK quantity refers to the previous month.
The change/variation of price refers to PRICES expressed in local currency (for both EU and the World). The change refers to the previous week/month/year, as the case may be. In the case of dual-listed (min and max), changes are calculated using the MAX PRICE.

Feed Cost

Weight of the Protein Component	44%
Simulated Feed Ration (vs prev month)	+0.76%
Milk:Feed Ratio	1.54

Prices of Fertilizers

I - Modena, Triple superphosphate granular 46%	Stabile	395	€/ton	0.00%
I - Modena, Ammonium nitrate prilled 26%	Stabile	257	€/ton	0.00%
I - Modena, Urea prilled 46%	Stabile	393	€/ton	0.00%