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...

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Related Charts

Market News

World

US: Butter stock	In aumento	+5,94%
Argentina: Farm gate milk price	In aumento	+7,32%
New Zealand: Milk Production	In calo	-5,61%
US: Cheese 40# Blocks price	In aumento	+3,14%
US: Butter, Grade AA price	In aumento	+5,36%
US: Acid Casein price	In aumento	+0,60%

Europe

Germany: Sweet Whey feed quality price	In calo	-2,36%
Germany: Skim Milk Powder feed price	In calo	-0,52%
DE, Kempten: "Markenbutter" price	In aumento	+1,85%
Germany: Skim Milk Powder (Adpi - SMP) price	In calo	-1,27%
Netherlands: Skim Milk Powder feed price	In aumento	+1,33%
Netherlands: Skim Milk Powder (Adpi-SMP) price	In aumento	+0,51%

Italy

IT, Verona: Spot milk price	In aumento	+1,82%
IT, Verona: foreign Skim Spot Milk price	In aumento	+3,92%
IT, Verona: foreign Whole Spot Milk price	In aumento	+0,92%
IT, Milan: Spot milk price	In aumento	+1,85%
IT, Milan: Butter churned price	In calo	-0,99%
IT, Milan: Butter CEE 1234/07 price	In calo	-0,72%

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.

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Milk - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
Country	Cow Milk Production		Other Milk Production		Fluid Domestic Consumption		Factory Use
World	549.36	+1.0%	114.52	+2.4%	192.92	+1.2%	465.79	+1.3%
India	98.00	+2.1%	105.50	+2.4%	85.00	+2.4%	118.49	+2.2%
Share %	17.8%		92.1%		44.1%		25.4%
EU-27	146.70	+0.7%	4.45	+2.3%	23.95	+0.2%	126.27	+0.8%
Share %	26.7%		3.9%		12.4%		27.1%
United States	103.28	+0.7%	0.00	0.0%	20.98	-0.1%	81.75	+0.9%
Share %	18.8%		0.0%		10.9%		17.6%
China	35.50	+2.6%	1.15	+4.5%	15.00	+3.4%	23.03	+2.5%
Share %	6.5%		1.0%		7.8%		4.9%
Russia	32.15	+0.4%	0.00	0.0%	6.90	-1.3%	23.51	+1.0%
Share %	5.9%		0.0%		3.6%		5.0%
Source: USDA, Latest update: 2021-12-18

Milk - Balance sheet in Mio Tons \| Year 2022 (Forecast made in June)
World	-	-	-	-	-
India	-	-	-	-	-
EU-27	-	-	-	-	-
United States	-	-	-	-	-
China	-	-	-	-	-
Russia	-	-	-	-	-
Source: USDA, Latest update: 2021-12-18

Milk - Balance sheet in Mio Tons \| Year 2021
World	544.07	+0.8%	111.85	+1.8%	190.72	+1.6%	459.93	+0.8%
India	96.00	+2.3%	103.00	+2.0%	83.00	+2.5%	115.99	+1.9%
Share %	17.7%	91.7%	42.9%	25.5%
EU-27	145.70	+0.2%	4.35	+2.1%	23.90	-0.1%	125.25	+0.2%
Share %	26.9%	3.9%	12.4%	27.5%
United States	102.60	+1.3%	0.00	0.0%	21.00	-0.1%	81.03	+1.7%
Share %	19.0%	0.0%	10.9%	17.8%
China	34.60	+0.6%	1.10	0.0%	14.50	+11.5%	22.48	-4.4%
Share %	6.4%	1.0%	7.5%	4.9%
Russia	32.02	+0.0%	0.00	0.0%	6.99	-1.3%	23.28	+0.2%
Share %	5.9%	0.0%	3.6%	5.1%
Source: USDA, Latest update: 2021-12-18

Butter - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
World	0.36	-6.5%	11.56	+2.5%	0.61	+2.3%	1.00	+2.3%	11.18	+2.4%	0.35	-2.2%
India	0.00	0.0%	6.50	+3.2%	0.00	0.0%	0.03	+20.0%	6.47	+3.1%	0.00	0.0%
Share %	0.0%	56.2%	0.0%	3.0%	57.9%	0.0%
EU-27	0.00	0.0%	2.15	+0.5%	0.05	-18.2%	0.26	+2.0%	1.94	-0.2%	0.00	0.0%
Share %	0.0%	18.6%	8.2%	26.0%	17.4%	0.0%
United States	0.10	-19.4%	0.99	+4.4%	0.07	0.0%	0.05	-10.0%	1.01	+2.6%	0.10	-2.0%
Share %	27.8%	8.6%	11.5%	5.0%	9.0%	28.6%
New Zealand	0.10	+5.4%	0.49	+3.2%	0.00	0.0%	0.46	+4.6%	0.03	+3.2%	0.10	-1.0%
Share %	27.8%	4.2%	0.0%	46.0%	0.3%	28.6%
Russia	0.02	-21.1%	0.28	+3.7%	0.12	-4.0%	0.00	0.0%	0.39	-0.5%	0.02	+20.0%
Share %	5.6%	2.4%	19.7%	0.0%	3.5%	5.7%
Source: USDA, Latest update: 2021-12-18

Butter - Balance sheet in Mio Tons \| Year 2022 (Forecast made in June)
World	-	-	-	-	-
India	-	-	-	-	-
EU-27	-	-	-	-	-
United States	-	-	-	-	-
New Zealand	-	-	-	-	-
Russia	-	-	-	-	-
Source: USDA, Latest update: 2021-12-18

Butter - Balance sheet in Mio Tons \| Year 2021
World	0.39	+15.9%	11.27	+1.2%	0.60	-2.1%	0.97	-5.7%	10.92	+2.5%	0.36	-6.5%
India	0.00	0.0%	6.30	+3.3%	0.00	0.0%	0.03	+25.0%	6.28	+3.2%	0.00	0.0%
Share %	0.0%	55.4%	0.0%	3.5%	57.0%	0.0%
EU-27	0.00	0.0%	2.13	-0.9%	0.06	+5.8%	0.25	-20.9%	1.94	+2.6%	0.00	0.0%
Share %	0.0%	18.7%	11.6%	29.3%	17.6%	0.0%
United States	0.12	+44.2%	0.95	-2.6%	0.07	+4.3%	0.06	+122.2%	0.99	+0.7%	0.10	-19.4%
Share %	30.4%	8.4%	13.5%	7.0%	9.0%	24.4%
New Zealand	0.09	0.0%	0.47	-6.0%	0.00	0.0%	0.44	-7.6%	0.03	+3.3%	0.10	+5.4%
Share %	22.8%	4.1%	0.0%	51.5%	0.3%	24.4%
Russia	0.02	+35.7%	0.27	-4.3%	0.13	-2.3%	0.00	0.0%	0.40	-1.5%	0.02	-21.1%
Share %	5.1%	2.4%	25.1%	0.0%	3.6%	4.9%
Source: USDA, Latest update: 2021-12-18

Cheese - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
World	1.01	+3.9%	22.08	+1.0%	2.35	+5.4%	3.00	+1.2%	21.43	+1.6%	1.02	+0.3%
EU-27	0.00	0.0%	10.40	+0.5%	0.20	+2.6%	1.42	+0.7%	9.18	+0.5%	0.00	0.0%
Share %	0.0%	47.1%	8.5%	47.3%	42.8%	0.0%
United States	0.66	+3.9%	6.30	+1.5%	0.19	+1.6%	0.41	+0.2%	6.08	+2.1%	0.65	-0.6%
Share %	65.3%	28.5%	8.1%	13.7%	28.4%	63.7%
Russia	0.04	+8.1%	1.09	+0.9%	0.34	+1.5%	0.05	+12.5%	1.38	+1.0%	0.04	0.0%
Share %	4.0%	4.9%	14.5%	1.7%	6.4%	3.9%
Brazil	0.00	0.0%	0.80	+0.6%	0.03	+6.3%	0.01	+25.0%	0.82	+0.7%	0.00	0.0%
Share %	0.0%	3.6%	1.3%	0.3%	3.8%	0.0%
Canada	0.09	+8.4%	0.55	+1.9%	0.05	+10.6%	0.01	-11.1%	0.59	+4.0%	0.09	0.0%
Share %	8.9%	2.5%	2.1%	0.3%	2.8%	8.8%
Source: USDA, Latest update: 2021-12-18

Cheese - Balance sheet in Mio Tons \| Year 2022 (Forecast made in June)
World	-	-	-	-	-
EU-27	-	-	-	-	-
United States	-	-	-	-	-
Russia	-	-	-	-	-
Brazil	-	-	-	-	-
Canada	-	-	-	-	-
Source: USDA, Latest update: 2021-12-18

Cheese - Balance sheet in Mio Tons \| Year 2021
World	0.98	+5.7%	21.86	+2.2%	2.23	+3.6%	2.96	+4.3%	21.09	+2.1%	1.01	+3.9%
EU-27	0.00	0.0%	10.35	+1.2%	0.20	-12.2%	1.41	+0.6%	9.14	+0.9%	0.00	0.0%
Share %	0.0%	47.5%	12.2%	59.2%	43.4%	0.0%
United States	0.63	+5.5%	6.21	+3.2%	0.19	+48.4%	0.41	+16.1%	5.96	+3.6%	0.66	+3.9%
Share %	64.7%	28.5%	11.6%	17.2%	28.3%	68.8%
Russia	0.04	+5.7%	1.08	+1.5%	0.34	+7.7%	0.04	+33.3%	1.37	+2.2%	0.04	+8.1%
Share %	4.1%	5.0%	20.7%	1.7%	6.5%	4.2%
Brazil	0.00	0.0%	0.79	0.0%	0.03	+3.2%	0.00	0.0%	0.82	+0.1%	0.00	0.0%
Share %	0.0%	3.6%	1.8%	0.0%	3.9%	0.0%
Canada	0.08	-2.4%	0.54	+3.3%	0.05	+14.6%	0.01	-18.2%	0.57	+2.9%	0.09	+8.4%
Share %	8.2%	2.5%	3.0%	0.4%	2.7%	9.4%
Source: USDA, Latest update: 2021-12-18

SMP - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
World	0.50	-14.0%	4.89	+2.8%	1.57	+4.1%	2.50	+1.5%	3.97	+2.3%	0.49	-2.8%
EU-27	0.00	0.0%	1.56	+0.6%	0.02	-20.0%	0.83	+0.6%	0.76	0.0%	0.00	0.0%
Share %	0.0%	31.9%	1.3%	33.2%	19.1%	0.0%
United States	0.12	-11.9%	1.24	+4.7%	0.00	0.0%	0.92	+3.4%	0.32	+1.9%	0.12	+3.4%
Share %	24.0%	25.4%	0.0%	36.8%	8.1%	24.5%
India	0.04	-29.0%	0.70	+2.9%	0.00	0.0%	0.03	+6.7%	0.68	+2.1%	0.03	-31.8%
Share %	8.0%	14.3%	0.0%	1.2%	17.1%	6.1%
New Zealand	0.09	-21.6%	0.36	+7.6%	0.01	0.0%	0.36	+1.4%	0.02	0.0%	0.09	-5.5%
Share %	18.0%	7.4%	0.6%	14.4%	0.5%	18.4%
Brazil	0.00	0.0%	0.17	+0.6%	0.03	+8.3%	0.00	0.0%	0.19	+1.6%	0.00	0.0%
Share %	0.0%	3.5%	1.9%	0.0%	4.8%	0.0%
Source: USDA, Latest update: 2021-12-18

SMP - Balance sheet in Mio Tons \| Year 2022 (Forecast made in June)
World	-	-	-	-	-
EU-27	-	-	-	-	-
United States	-	-	-	-	-
India	-	-	-	-	-
New Zealand	-	-	-	-	-
Brazil	-	-	-	-	-
Source: USDA, Latest update: 2021-12-18

SMP - Balance sheet in Mio Tons \| Year 2021
World	0.59	+4.8%	4.76	-1.7%	1.51	+4.9%	2.47	+2.1%	3.88	+1.2%	0.50	-14.0%
EU-27	0.00	0.0%	1.55	-2.5%	0.03	-30.6%	0.82	-1.3%	0.76	-5.0%	0.00	0.0%
Share %	0.0%	30.8%	1.9%	32.5%	18.4%	0.0%
United States	0.13	+13.6%	1.18	-3.2%	0.00	0.0%	0.89	+9.5%	0.31	-21.4%	0.12	-11.9%
Share %	21.2%	23.4%	0.0%	35.3%	7.5%	21.9%
India	0.06	+47.6%	0.68	+3.0%	0.00	-100.0%	0.03	+500.0%	0.67	+5.0%	0.04	-29.0%
Share %	9.8%	13.5%	0.0%	1.2%	16.2%	7.3%
New Zealand	0.12	0.0%	0.33	-8.8%	0.01	+25.0%	0.35	-1.7%	0.02	+7.1%	0.09	-21.6%
Share %	19.6%	6.5%	0.6%	13.9%	0.5%	16.4%
Brazil	0.00	0.0%	0.16	+1.9%	0.02	-7.7%	0.00	0.0%	0.19	+0.5%	0.00	0.0%
Share %	0.0%	3.2%	1.3%	0.0%	4.6%	0.0%
Source: USDA, Latest update: 2021-12-18

WMP - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
World	0.41	+1.0%	4.53	-0.4%	1.37	+1.1%	2.20	-1.5%	3.80	+3.5%	0.32	-22.8%
New Zealand	0.15	-12.3%	1.60	-0.9%	0.00	+50.0%	1.60	-1.2%	0.02	0.0%	0.14	-10.0%
Share %	36.6%	35.3%	0.0%	72.7%	0.5%	43.8%
China	0.13	+25.0%	0.97	+2.1%	0.88	0.0%	0.00	-50.0%	1.92	+6.4%	0.06	-56.0%
Share %	31.7%	21.4%	64.2%	0.0%	50.5%	18.8%
Brazil	0.00	0.0%	0.60	+0.2%	0.06	+13.2%	0.01	+16.7%	0.65	+1.1%	0.00	0.0%
Share %	0.0%	13.2%	4.4%	0.5%	17.1%	0.0%
EU-27	0.00	0.0%	0.59	-6.3%	0.01	-50.0%	0.28	-9.7%	0.32	-4.5%	0.00	0.0%
Share %	0.0%	13.0%	0.7%	12.7%	8.4%	0.0%
Argentina	0.03	+114.3%	0.24	+2.1%	0.00	0.0%	0.15	+5.1%	0.09	+11.1%	0.04	+16.7%
Share %	7.3%	5.3%	0.0%	6.8%	2.4%	12.5%
Source: USDA, Latest update: 2021-12-18

WMP - Balance sheet in Mio Tons \| Year 2022 (Forecast made in June)
World	-	-	-	-	-
New Zealand	-	-	-	-	-
China	-	-	-	-	-
Brazil	-	-	-	-	-
EU-27	-	-	-	-	-
Argentina	-	-	-	-	-
Source: USDA, Latest update: 2021-12-18

WMP - Balance sheet in Mio Tons \| Year 2021
World	0.41	+14.2%	4.55	-0.7%	1.36	+12.2%	2.23	+3.1%	3.67	+2.7%	0.41	+1.0%
New Zealand	0.17	+14.0%	1.62	+2.9%	0.00	0.0%	1.62	+5.7%	0.02	0.0%	0.15	-12.3%
Share %	39.8%	34.4%	0.0%	70.0%	0.5%	47.5%
China	0.10	+100.0%	0.95	-4.2%	0.88	+36.6%	0.00	+100.0%	1.80	+13.8%	0.13	+25.0%
Share %	23.4%	20.2%	65.1%	0.0%	46.6%	41.1%
Brazil	0.00	0.0%	0.59	+0.7%	0.05	-40.4%	0.01	+500.0%	0.64	-5.5%	0.00	0.0%
Share %	0.0%	12.5%	3.7%	0.4%	16.6%	0.0%
EU-27	0.00	0.0%	0.63	-11.0%	0.01	-63.0%	0.31	-10.1%	0.33	-15.4%	0.00	0.0%
Share %	0.0%	13.4%	0.7%	13.4%	8.5%	0.0%
Argentina	0.01	-51.7%	0.24	+10.3%	0.00	0.0%	0.14	-6.8%	0.08	+1.3%	0.03	+114.3%
Share %	2.3%	5.1%	0.0%	6.0%	2.1%	9.5%
Source: USDA, Latest update: 2021-12-18

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-Mar 2022 on Jan-Mar 2021
EU-27	-0,2% -80	+17,3% +108	-9,0% -553	+0,1% +45	+537
New Zealand	-5,5% -344	-47,7% -30	-11,4% -626	+3,5% +14	+238
USA	-1,0% -254	+5,3% +21	-3,0% -99	+1,6% +374	-508
Australia	-5,8% -121	-4,3% -14	+19,6% +191	+4,8% +105	-430
Belarus	+1,7% +32	-14,9% -3	+2,4% +26	+3,4% +23	-20
United Kingdom	-2,0% -78	+7,7% +72	+18,2% +118	+4,3% +182	-307
Argentina	+1,6% +42	+154,9% +8	-5,6% -24	+0,5% +8	+65
Uruguay	-1,2% -5	-33,8% -4	-5,2% -19	0% 0	+9
Chile	-4,0% -24	-32,1% -74	+87,9% +32	+2,6% +4	-134
TOTAL	*-1,1%* -833	*+3,2%* +84	*-5,2%* -955	*+1,1%* +755	-549
Last update: 2022-05-21 (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-27, United Kingdom: 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: UE-27: Eurostat United KIngdom: United Kingdom HMRC New Zealand: Stat.nz US: Census Bureau Chile: ODEPA Australia, Belarus, Uruguay, Argentina, Ukraine: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 2021 on Jan-Dec 2020
EU-27	-0,3% -439	-15,4% -507	-3,4% -895	+0,8% +1.142	-1.194
New Zealand	+0,1% +13	+4,8% +10	+3,3% +623	+1,6% +26	-626
USA	+1,3% +1.338	+5,8% +99	+10,5% +1.292	+2,1% +1.891	-1.746
Australia	-0,9% -80	-5,0% -68	+15,8% +527	+31,6% +2.081	-2.756
Belarus	+0,7% +54	+12,0% +10	+4,5% +194	-3,7% -109	-22
United Kingdom	-0,1% -19	-13,7% -710	-19,7% -719	-2,3% -405	+396
Argentina	+4,0% +454	+94,1% +13	+3,2% +48	+5,3% +334	+84
Uruguay	+1,8% +40	-2,9% -2	+2,8% +41	0% 0	-3
Chile	-0,3% -7	+15,2% +110	-6,8% -10	+2,7% +16	+97
TOTAL	*+0,4%* +1.353	*-8,3%* -1.046	*+1,5%* +1.102	*+1,9%* +4.976	-5.771
Last update: 2022-05-21 (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-27, United Kingdom: 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: UE-27: Eurostat United KIngdom: United Kingdom HMRC New Zealand: Stat.nz US: Census Bureau Chile: ODEPA Australia, Belarus, Uruguay, Argentina, Ukraine: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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-Dec 2021 on Jan-Dec 2020
USA	+2,8% +34	-48,1% -0	+9,5% +78	-21,4% -84	+40
EU-27	-6,4% -98	-11,8% -4	-5,1% -42	-5,0% -38	-22
New Zealand	-9,1% -32	+5,5% +0	-8,6% -31	+7,1% +1	-2
Australia	-5,5% -9	-13,4% -2	+21,7% +28	-7,0% -3	-36
United Kingdom	-48,4% -0	-30,2% -6	-28,5% -20	0% 0	+14
TOTAL	*-3,3%* -105	*-15,4%* -13	*+0,5%* +12	*-10,2%* -124	-6
Last update: 2022-05-02 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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-Dec 2020 on Jan-Dec 2019
USA	+9,2% +101	+31,7% +0	+15,9% +112	-5,1% -21	+11
EU-27	+1,7% +25	-34,1% -19	-9,8% -90	-5,2% -42	+138
New Zealand	-4,5% -17	+95,8% +4	-4,4% -17	+100,0% +7	-3
Australia	-2,3% -4	+7,4% +1	+0,8% +1	-4,4% -2	-1
United Kingdom	+56,9% +0	-19,8% -5	-11,7% -10	0% 0	+5
TOTAL	*+3,4%* +106	*-18,8%* -19	*-0,2%* -4	*-4,6%* -58	+149
Last update: 2022-05-02 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

WMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2021 on Jan-Dec 2020
New Zealand	+2,9% +45	-1,4% -0	+5,5% +85	0% 0	-39
EU-27	-8,5% -70	-59,3% -16	-13,5% -47	-15,3% -67	+27
Australia	+15,1% +7	-13,5% -6	+39,5% +15	+5,0% +2	-15
USA	+7,4% +5	-49,7% -11	+3,1% +1	+8,8% +3	-11
United Kingdom	-52,2% -0	-9,5% -2	-44,7% -22	0% 0	+20
TOTAL	*-0,5%* -13	*-30,4%* -36	*+1,6%* +31	*-11,7%* -62	-18
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

WMP ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2020 on Jan-Dec 2019
New Zealand	+5,5% +82	-51,4% -2	-0,2% -3	-10,0% -2	+85
EU-27	+1,8% +15	-34,8% -15	+10,0% +31	-10,8% -53	+22
Australia	+25,1% +9	+15,4% +6	-11,9% -5	+21,2% +7	+13
USA	-2,0% -1	+61,3% +9	-2,1% -1	-5,6% -2	+10
United Kingdom	+81,8% +0	+6,2% +1	-25,3% -17	0% 0	+18
TOTAL	*+4,4%* +105	*-0,6%* -1	*+0,3%* +6	*-8,6%* -50	+148
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

BURRO ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2021 on Jan-Dec 2020
New Zealand	-0,0% -0	+11,3% +0	-6,4% -27	+3,3% +1	+26
EU-27	-2,9% -62	-1,5% -1	-15,9% -50	+2,7% +50	-63
USA	-3,5% -34	-8,1% -6	+115,5% +31	+0,7% +7	-77
United Kingdom	-39,7% -0	-29,1% -22	-14,9% -9	-0,5% -1	-12
Australia	+6,7% +3	-13,6% -6	+53,1% +8	+183,9% +103	-114
TOTAL	*-2,5%* -93	*-14,5%* -34	*-5,5%* -46	*+5,1%* +160	-241
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

BURRO ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2020 on Jan-Dec 2019
New Zealand	-4,7% -25	-24,6% -0	-8,4% -39	+3,4% +1	+13
EU-27	+2,5% +52	-33,4% -24	+5,6% +16	+0,5% +10	+2
USA	+7,6% +69	+1,0% +1	-6,6% -2	+4,0% +38	+33
United Kingdom	+87,1% +0	+0,3% +0	-11,6% -8	+4,6% +9	-1
Australia	+15,8% +6	+6,3% +2	-9,2% -2	-27,3% -21	+31
TOTAL	*+2,9%* +103	*-8,2%* -21	*-3,9%* -34	*+1,2%* +37	+79
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

FORMAGGIO ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2021 on Jan-Dec 2020
EU-27	+1,1% +105	-11,7% -26	-1,1% -16	+0,9% +76	+19
USA	+3,5% +212	+13,8% +23	+13,8% +49	+3,6% +206	-21
New Zealand	+11,4% +39	+9,2% +1	+9,4% +31	0% 0	+9
Australia	+15,1% +57	-0,7% -1	+2,4% +4	0% 0	+53
United Kingdom	-43,3% -0	-17,5% -85	-18,9% -36	-4,3% -34	-16
TOTAL	*+2,6%* +413	*-9,0%* -88	*+1,3%* +32	*+1,6%* +248	+45
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »

FORMAGGIO ('000 Tons)	Δ Prod	Δ Imp*	Δ Exp*	Δ Cons* (e)	Balance Δ(P+I-E-C)
Main Players, changes Jan-Dec 2020 on Jan-Dec 2019
EU-27	+2,4% +221	+5,7% +12	+6,1% +80	+2,0% +164	-11
USA	+0,8% +46	-8,6% -16	-0,9% -3	-0,0% -1	+35
New Zealand	-3,5% -12	-18,0% -2	-2,4% -8	0% 0	-7
Australia	+4,1% +15	+1,1% +1	-4,3% -7	+2,7% +8	+15
United Kingdom	+88,4% +0	-7,5% -39	-7,7% -16	-0,9% -7	-16
TOTAL	*+1,7%* +271	*-4,3%* -44	*+1,9%* +46	*+1,1%* +164	+17
Last update: 2022-03-22 (e) Estimated data Information Note SOURCE Production: EU-27, United Kingdom: 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-27: Eurostat New Zealand: Stat.nz US: Census Bureau United Kingdom: United Kingdom HMRC Australia: IHS Domestic consumption data calculated by applying the incidence of consumption over production reported by FAS-USDA on the productions obtained from the local sources. 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 »


/Ton	US (2022-05-20)		OCEANIA (2022-05-13)		EU¹ (2022-05-25)		GDT² (2022-05-17)
Product	Value	% Chg*	Value	% Chg*	Value	% Chg*	Value	% Chg*
CHEESE	5.247	+3,1%	6.013	-3,2%	5.704	+0,0%	5.615	-3,3%
BUTTER	6.283	+5,4%	6.213	-8,3%	7.611	+3,6%	5.755	-0,7%
SMP	3.825	-2,0%	4.300	-3,4%	4.422	+1,1%	4.086	-0,2%
WMP	4.938	-0,9%	3.838	-7,8%	5.783	+1,7%	3.890	+0,1%
WHEY POWDER	1.301	-3,3%			1.678	+1,7%
MILK (US$/100Kg)	57,10	+4,9%	50,09	+2,8%	48,15	+0,5%
Change from previous price ¹ Prices refer to Germany. Cheese prices refer to Mild Cheddar in the United Kingdom (source: AHDB) and Milk European (EU-27) prices refer to Milk Market Observatory. ² Contract 2 GDT n.a.*: not available

Show/Hide Global Snapshot in €

/Ton	US (2022-05-20)		OCEANIA (1652392800)		EU¹ (2022-05-25)		GDT² (2022-05-17)
Product	Value	% Chg*	Value	% Chg*	Value	% Chg*	Value	% Chg*
CHEESE	4.985	+2,0%	5.790	-1,8%	5.412	+5,6%	5.388	-2,3%
BUTTER	5.970	+4,2%	5.982	-6,9%	7.100	+1,9%	5.522	+0,3%
SMP	3.616	-3,8%	4.141	-1,9%	4.125	-0,6%	3.921	+0,8%
WMP	4.669	-2,7%	3.695	-6,4%	5.395	0,0%	3.732	+1,1%
WHEY POWDER	1.230	-5,0%			1.565	0,0%
MILK (€/100Kg)	51,82	+7,9%	45,46	+5,8%	44,51	+2,4%
Change from previous price ¹ Prices refer to Germany. Cheese prices refer to Mild Cheddar in the United Kingdom (source: AHDB) and Milk European (EU-27) 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	23 May 2022	+0,9%	+52,5%
▸ farm-gate	EU (13 country)	Apr 2022	+1,8%	+24,3%
▸ farm-gate	USA	Mar 2022	+7,9%	+61,7%
PDO cheeses…
▸ hard	Italy	23 May 2022	+0,1%	+6,9%
▸ semi-hard	Italy	23 May 2022	+0,9%	+16,3%
▸ fresh	Italy	23 May 2022	0,0%	+11,7%
Cheeses	Germany and Oceania	25 May 2022	-0,6%	+45,2%
Butter	Italy, Germany and Oceania	25 May 2022	-1,8%	+65,1%
SMP (Skimmed Milk Powder)	Germany, Oceania and USA	25 May 2022	-0,2%	+49,2%
Whey powder	Germany and USA	25 May 2022	-3,7%	+12,5%
Corn	Italy and USA	24 May 2022	+5,8%	+49,9%
Soybeans	Italy and USA	24 May 2022	+3,0%	+26,3%
Oil	Europe	20 May 2022	+5,1%	+67,4%
Retail price
PDO hard cheeses	Italy	Mar 2022	+1,8%	+2,8%
Fresh cheeses	Italy	Mar 2022	+1,0%	+2,8%
Butter	Italy	Mar 2022	+2,5%	+14,8%

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

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World Supply and Demand

Global Milk Supply in the Key Exporters of Dairy Products: -1,1% (Jan'22 - Apr'22)

Dairy Products Production in some Key Exporting Countries

Milk Powders (WMP and SMP), Butter and Cheese Exports of the main Exporting countries -5,89% (Jan'22 - Feb'22)

BUTTER Stocks
· US Stocks: Apr 30, 2022 135.912 tons (+5.9% on Mar 31, 2022; -23.2% on Apr, 2021)
· EU-27
Consumption (Production + Import - Export): Mar 31,2022: 167.188 tons (+6,5% on Feb 28, 2022; -1,8% on Mar, 2021)

SMP Stocks
· US Stocks: Mar 31, 2022 130.616 tons (-0.2% on Feb 28, 2022; -8.0% on Mar, 2021)
· EU-27
Consumption (Production + Import - Export): Mar 31,2022 72.849 tons (+20,5% on Feb 28, 2022; +27,1% on Mar, 2021)

CHEESE Stocks
· US Stocks: Apr 30, 2022 671.648 tons (+1.0% on Mar 31, 2022; +2.2% on Apr, 2021)
· EU-27
Consumption (Production + Import - Export): Mar 31,2022 0 tons (+20,5% on Feb 28, 2022; +27,1% on Mar, 2021)
· ITALY

Grana Padano Stocks:
- Marked PDO: Apr 30, 2022 1.956.346 number of wheels (-4,0% on 31 Mar 2022; -7,3% on Apr, 2021)
- Total: Apr 30, 2022 5.814.162 number of wheels (+0,9% on 31 Mar 2022; -3,6% on Apr, 2021)

DRY WHEY Stocks
· US Stock: Mar 31, 2022 30.879 tons (+8.1% rispetto a Feb 28, 2022; +7.1% rispetto a Mar, 2021)

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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 Cheese, Butter, Powder and Packed Milk import and export flows of the main dairy players.

▸ China Cheese Import: -28,5% (Apr '22) **
▸ Algeria SMP Import: -27,5% (Mar '22) **
▸ Algeria WMP Import: -23,3% (Mar '22) **
▸ China Butter Import: -18,5% (Apr '22) **

Show/Hide all ALERT

▸ China Packed Milk Import: -32,8% (Apr '22) **
▸ Korea, South Cream Import: +44,0% (Apr '22) **
▸ Belarus Milk in packings of > 2 L Export: -20,4% (Mar '22) **
▸ China SMP Import: -31,8% (Apr '22) **
▸ Belarus Milk in packings of > 2 L Import: +100,0% (Mar '22) **

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

** 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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Rising Soybean local prices and production in China
With over 66 million tonnes of Cereals and over 102 million tonnes of Oilseeds imported in 2021, China is the largest importing country in ... read
India plans to grow exports of dairy products (and not only)
With cow’s milk production expected to increase in 2022 (+2.1%) as well as other types of milk such as buffalo, sheep and goat’s ... read
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It’s always the same story: a barn to rebuild, struggles finding workers, not enough land to reliably grow forage and other crops… ... read

GlobalDairyTrade results of May 17, 2022

Change in Price Index from Previous Event: -2,9 %
Average Winning Price: 4.432 US$ / Ton

	Average price USD / Ton	Change
AMF (Anhydrous Milk Fat)	6.043	+0,6 %
BMP (Butter Milk Powder)	n.a.	-
BUTTER 82%	5.750	-1,0 %
RENNET CASEIN	n.a.	-
CHEDDAR	5.635	-0,1 %
LACTOSE	n.a.	-
MPC (Milk Protein Concentrate)	n.a.	-
SMP (Skim. milk Powder)	4.116	-0,6 %
SWP (Sweet Whey Powder)	n.a.	-
WMP (Whole milk Powder)	3.934	-4,9 %

Next GlobalDairyTrade Event: June 07, 2022

ITALY: Import/Export as of February 28, 2022

Exports of G.Padano + P.Reggiano:	+19,41 %
Exports of Gorgonzola:	+16,09 %
Exports of Grated cheese:	+23,76 %

Imports of Full-fat bulk milk:	-25,76 %
Imports of Packed semi-skimmed milk:	+9,39 %

Next Update: June 10, 2022

a new project: Sistema Stalla

Performance and Competitiveness of Italian Dairy Farms

CLAL focus on: Brazzale Spa

Name:: Burro delle Alpi - Butter of the Alps

Company:: Brazzale S.p.A.
Base:: Zanè (VI), Italy
Establishment year:: 1837
Market:: 54+ countries over the world

Products:: butter, cheese, meat

Brazzale S.p.A., family business operating from 1837 between the Veneto plain and Asiago tableland, registered address in Zanè (Vicenza), has reached a leading position in Italy in the market of packed butter, both with its brand "Burro delle Alpi" and third's ones.

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Agricultural Market Feed

IT, Foggia: durum wheat - mercantile price	In aumento	+1,88%
IT, Foggia: durum wheat - buono mercantile price	In aumento	+1,86%
IT, Foggia: durum wheat - organic for foodstuff price	In aumento	+1,79%
IT, Foggia: durum wheat - fino price	In aumento	+1,83%
IT, Milan: linseed cake price	In calo	-1,61%
IT, Milan: Italian Corn price	In aumento	+2,11%
IT, Milan: Italian Soybeans flour price	In aumento	+1,85%
IT, Milan: Foreign soybeans price	In aumento	+1,17%
IT, Milan: Bran price	In aumento	+3,60%
IT, Milan: Durum wheat (Center Italy) price	In aumento	+0,89%
IT, Milan: Italian higher common wheat price	In aumento	+3,61%
IT, Milan: Durum wheat (North Italy) price	In aumento	+0,93%

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	38%
Simulated Feed Ration (vs prev month)	-2.11%
Milk:Feed Ratio	0.98

Prices of Fertilizers

I - Torino, Triple superphosphate 46%	In calo	815	€/ton
I - Torino, Ammonium nitrate 26%	In calo	750	€/ton
I - Torino, Urea 46%	In calo	960	€/ton

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Butter - Balance sheet in Mio Tons \| Year 2022 (Forecast made in December)
Country	Beginning Stocks		Production		Import		Export		Consumption		Ending Stocks
World	0.36	-6.5%	11.56	+2.5%	0.61	+2.3%	1.00	+2.3%	11.18	+2.4%	0.35	-2.2%
India	0.00	0.0%	6.50	+3.2%	0.00	0.0%	0.03	+20.0%	6.47	+3.1%	0.00	0.0%
Share %	0.0%		56.2%		0.0%		3.0%		57.9%		0.0%
EU-27	0.00	0.0%	2.15	+0.5%	0.05	-18.2%	0.26	+2.0%	1.94	-0.2%	0.00	0.0%
Share %	0.0%		18.6%		8.2%		26.0%		17.4%		0.0%
United States	0.10	-19.4%	0.99	+4.4%	0.07	0.0%	0.05	-10.0%	1.01	+2.6%	0.10	-2.0%
Share %	27.8%		8.6%		11.5%		5.0%		9.0%		28.6%
New Zealand	0.10	+5.4%	0.49	+3.2%	0.00	0.0%	0.46	+4.6%	0.03	+3.2%	0.10	-1.0%
Share %	27.8%		4.2%		0.0%		46.0%		0.3%		28.6%
Russia	0.02	-21.1%	0.28	+3.7%	0.12	-4.0%	0.00	0.0%	0.39	-0.5%	0.02	+20.0%
Share %	5.6%		2.4%		19.7%		0.0%		3.5%		5.7%
Source: USDA, Latest update: 2021-12-18

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