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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 2016 2017 2018 ± on prev.
month. 		± % from
2017
January 1.643 2.124 1.374 -4,47% -35,30%
February 1.628 2.005 1.368 -0,47% -31,80%
March 1.608 1.814 1.305 -4,57% -28,06%
April 1.620 1.728 1.328 +1,72% -23,15%
May 1.668 1.855 1.501 +13,07% -19,08%
June 1.724 2.013 1.600 +6,60% -20,50%
July 1.763 1.844 1.524 -4,77% -17,36%
August 1.841 1.794 1.597 +4,81% -10,98%
September 2.014 1.669 1.668 +4,41% -0,07%
October 2.115 1.565 1.600 -4,05% +2,24%
November 2.055 1.501  
December 2.092 1.438  
Average 1.814 1.779 1.486
Change¹ % -2,71% -1,93% -19,26%
Last Update: 2018-10-10
1) change from the same period of previous year
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
 
SMP - Skim Milk Powder
EU Intervention Price  (€/Ton)
Month 2016 2017 2018 ± on prev.
month. 		± % from
2017
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 1.698 0,00% 0,00%
August 1.698 1.698 1.698 0,00% 0,00%
September 1.698 1.698 1.698 0,00% 0,00%
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: 2018-09-28
1) change from the same period of previous year
Source: European Commission
 
SMP - Skim Milk Powder
Storage warehouses  (Tons)
Month 2016 2017 2018 ± on prev.
month. 		± % from
2017
January 81.696 412.279 377.336 -0,73% -8,48%
February 107.034 418.050 375.849 -0,39% -10,09%
March 138.564 408.612 371.849 -1,06% -9,00%
April 183.674 403.281 367.279 -1,23% -8,93%
May 259.150 394.979 342.791 -6,67% -13,21%
June 331.577 385.679 307.508 -10,29% -20,27%
July 381.083 375.287 287.880 -6,38% -23,29%
August 417.754 369.173 282.446 -1,89% -23,49%
September 430.247 368.864  
October 427.703 379.834  
November 425.051 381.196  
December 416.984 380.095  
Average 300.043 389.777 339.117
Change¹ % +909,20% +29,91% -14,35%
Last Update: 2018-09-21
1) change from the same period of previous year
Source: European Commission