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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 2017 2018 2019 ± on prev.
month.
± % from
2018
January 2.124 1.374 1.893 +9,60% +37,74%
February 2.005 1.368 1.963 +3,70% +43,51%
March 1.814 1.305 1.958 -0,25% +50,00%
April 1.728 1.328 1.944 -0,69% +46,44%
May 1.855 1.501 2.085 +7,25% +38,91%
June 2.013 1.600 2.094 +0,42% +30,86%
July 1.844 1.524 2.079 -0,70% +36,44%
August 1.794 1.597 2.121 +2,03% +32,83%
September 1.669 1.668 2.203 +3,83% +32,08%
October 1.565 1.591 2.383 +8,20% +49,78%
November 1.501 1.626 2.485 +4,28% +52,81%
December 1.438 1.727  
Average 1.779 1.517 2.110
Variazione¹ % -1,93% -14,72% +40,81%
Last Update:13-11-2019
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 2017 2018 2019 ± on prev.
month.
± % from
2018
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 1.698 0,00% 0,00%
November 1.698 1.698  
December 1.698 1.698  
Average 1.698 1.698 1.698
Variazione¹ %
Last Update:28-10-2019
1) change from the same period of previous year
Source: European Commission
 
SMP - Skim Milk Powder
Storage warehouses  (Tons)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 412.279 377.336 100.477 -42,72% -73,37%
February 418.050 375.849 4.331 -95,69% -98,85%
March 408.612 371.849 2.743 -36,67% -99,26%
April 403.281 367.279 1.260 -54,06% -99,66%
May 394.979 342.791 749 -40,56% -99,78%
June 385.679 307.508 182 -75,70% -99,94%
July 375.287 287.880 20 -89,01% -99,99%
August 369.173 282.446 0 -99,95% -100,00%
September 368.864 280.151  
October 379.834 252.572  
November 381.196 219.989  
December 380.095 175.428  
Average 389.777 303.423 13.720
Variazione¹ % +29,91% -22,15% -95,95%
Last Update:26-09-2019
1) change from the same period of previous year
Source: European Commission