< >

Market News

World

US: Nonfat Dry Milk Price In calo -0,85%
Malaysia: Palm oil price In aumento +0,70%
Argentina: Farm gate milk price In aumento +13,71%
Russia: Milk Production In aumento +3,52%
Belarus: Milk Production In aumento +11,06%
US: Cheese 40# Blocks price In aumento +1,32%

Europe

Netherlands: Skim Milk Powder feed price In aumento +0,92%
Netherlands: Skim Milk Powder (Adpi-SMP) price In calo -1,27%
Netherlands: Whole Milk Powder (WMP) price In aumento +0,56%
Netherlands: Butter price (82%) In aumento +2,22%
Germany: Sweet Whey feed quality price In calo -1,49%
Germany: Whole Milk Powder (WMP) price In aumento +0,56%

Italy

IT, Parma: Parmig. Regg. PDO (15 months) price In aumento +0,46%
IT, Parma: Parmig.Regg. (12 months) price In aumento +0,47%
IT, Parma: Churned butter price In aumento +3,94%
IT, Mantua: Grana Padano PDO (14-16 months) price In aumento +0,49%
IT, Mantua: Grana Padano PDO (10 months) price In aumento +0,53%
IT,Reggio Emilia: Parmig. Regg. (24 months) price In aumento +0,42%
Information Note
  1. Market News evidences only the changes; should no price change or no quotation take place, any mention will be made.
  2. The change/variation concerning PRODUCTION/OUTPUT quantity refers to the same period of the previous year.
  3. The change/variation concerning STOCK quantity refers to the previous month.
  4. 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.

Processing input costs

Click on a frame for more information and charts.


Show the data of: Previous year

Milk - Balance sheet in Mio Tons | Year 2024 (Forecast made in December)
Country Cow Milk Production Other Milk Production Fluid Domestic Consumption Factory Use
World 552.03+0.4% 119.43+2.2% 196.12+0.8% 470.23+0.7%
India 99.50 +0.5% 110.70 +2.4% 89.00 +2.2% 121.18 +1.0%
Share % 18.0% 92.7% 45.4% 25.8%
EU-27 144.60 -0.1% 4.20 -0.1% 23.65 -0.2% 124.64 -0.1%
Share % 26.2% 3.5% 12.1% 26.5%
United States 103.87 +0.9% 0.00 0.0% 20.40 -1.2% 82.84 +1.4%
Share % 18.8% 0.0% 10.4% 17.6%
China 41.50 +1.2% 1.20 0.0% 17.00 +1.7% 26.48 +1.0%
Share % 7.5% 1.0% 8.7% 5.6%
Russia 32.50 +0.6% 0.00 0.0% 6.70 -1.5% 24.14 +1.4%
Share % 5.9% 0.0% 3.4% 5.1%
Source: USDA, Latest update: 2023-12-20

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-Feb 2024 on Jan-Feb 2023
New Zealand
+72
+1
+803
0
-729
EU-27
+247
+35
+11
+31
+241
USA
+72
+42
+77
+142
-105
Australia
+87
+5
+102
+21
-31
United Kingdom
+30
-110
+53
-1
-131
Argentina
-248
-4
+105
-102
-254
Uruguay
+14
-4
+23
0
-13
Chile
+10
+44
+19
+3
+32
TOTAL
+285
+9
+1.193
+93
-992

Last update: 2024-04-03
(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: Eurostat, FEGA, AGEA, Zuivel;
    • United Kingdom: DEFRA;
    • 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 »
 
 
/Ton US
(2024-04-19)
OCEANIA
(2024-04-12)
EU¹
(2024-04-17)
GDT²
(2024-04-16)
Product Value % Chg* Value % Chg* Value % Chg* Value % Chg*
CHEESE 3.384 +1,3% 4.388 +3,8% 4.191 +0,1% 4.106 -5,6%
BUTTER 6.438 -0,7% 6.638 +3,5% 6.329 -1,3% 6.584 -0,6%
SMP 2.502 -0,4% 2.550 +1,5% 2.526 -2,1% 2.525 +1,1%
WMP 4.806 +0,5% 3.238 +3,6% 3.840 -1,8% 3.237 +0,6%
WHEY POWDER 849 -2,2%     1.005 -2,1%    
MILK (US$/100Kg) 45,42 +2,5% 36,06 -0,7% 50,38 +0,5%    
*Change from previous price
¹ Prices refer to Germany. Cheese prices refer to Cheddar in the European Union (source: European Commission (Milk Market Observatory))
² Contract 2 GDT
n.a.: not available

Show/Hide Global Snapshot in €

/Ton US
(2024-04-19)
OCEANIA
(1712872800)
EU¹
(2024-04-17)
GDT²
(2024-04-16)
Product Value % Chg* Value % Chg* Value % Chg* Value % Chg*
CHEESE 3.154 +2,5% 4.119 +5,4% 3.934 +1,9% 3.853 -4,3%
BUTTER 6.000 +0,5% 6.231 +5,1% 5.950 +0,8% 6.179 +0,9%
SMP 2.349 -0,4% 2.394 +3,0% 2.375 0,0% 2.370 +2,6%
WMP 4.512 +0,5% 3.039 +5,1% 3.610 +0,3% 3.038 +2,1%
WHEY POWDER 797 -2,2%     945 0,0%    
MILK (€/100Kg) 42,07 +3,5% 33,17 -1,4% 46,34 -0,2%    
*Change from previous price
¹ Prices refer to Germany. Cheese prices refer to Cheddar in the European Union (source: European Commission (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 16 Apr 2024 -1,9% +9,7%
      ▸ farm-gate EU (13 country) Mar 2024 -0,1% -8,8%
      ▸ farm-gate USA Feb 2024 +3,5% -5,3%
PDO cheeses…
      ▸ hard Italy 18 Apr 2024 +0,6% +3,9%
      ▸ semi-hard Italy 16 Apr 2024 -0,2% -2,6%
      ▸ fresh Italy 15 Apr 2024 0,0% -4,1%
Cheeses Germany and Oceania 17 Apr 2024 +1,4% +3,1%
Butter Italy, Germany and Oceania 17 Apr 2024 +2,8% +33,7%
SMP (Skimmed Milk Powder) Germany, Oceania and USA 19 Apr 2024 +0,7% -0,3%
Whey powder Germany and USA 19 Apr 2024 -1,9% -2,2%
Corn Italy and USA 18 Apr 2024 -1,4% -25,1%
Soybeans Italy and USA 18 Apr 2024 -1,2% -18,0%
Oil Europe 12 Apr 2024 +1,8% +5,3%
Retail price
PDO hard cheeses Italy Feb 2024 +0,3% +0,1%
Fresh cheeses Italy Feb 2024 -0,5% -2,0%
Butter Italy Feb 2024 -1,8% -7,0%
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

  • CHEESE Stocks
    · US Stocks: Feb 29, 2024 663.735 tons (+0.5% on Jan 31, 2024; +1.7% on Feb, 2023)
    · EU-27
    Consumption (Production + Import - Export): Jan 31,2024 0 tons (+8,8% on 31, 2023; +7,6% on Jan, 2023)
    · ITALY

    Grana Padano Stocks:
    - Marked PDO: Mar 31, 2024 1.924.158 number of wheels (-1,4% on 29 Feb 2024; -5,0% on Mar, 2023)
    - Total: Mar 31, 2024 5.923.180 number of wheels (+1,1% on 29 Feb 2024; +2,2% on Mar, 2023)

  • DRY WHEY Stocks
    · US Stock: Feb 29, 2024 33.054 tons (+8.0% rispetto a Jan 31, 2024; +5.7% rispetto a Feb, 2023)

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.


Register on CLAL.itsign up

The subscription to the newsletter is free and allows to receive timely updates via e-mail regarding: new web pages, news about the dairy market, fluctuations in the price and production of dairy products in Italy and Worldwide.


Sign up »
for the on-line services
offered by CLAL.it.

Dairy Market Alert


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.


a new project:Sistema Stalla Performance and Competitiveness of Italian Dairy Farms
 

CLAL focus on: Nonno Nanni Lactose Free Line

Name:
Nonno Nanni Lactose Free Line
Company:
Latteria Montello S.p.A.
Headquarter and production site:
Italy - Giavera del Montello (TV
Products:
Nonno Nanni Fresh Cheeses

Nonno Nanni knows how to tempt the palates of the whole family, and even those who are lactose intolerant or sensitive, with its lactose free range of products.

Lactose Free Fresco Spalmabile, Robiola, Cow's Milk Caprino and Mascarpone are the new products that Nonno Nanni makes available to all those people who have never been able to savour the goodness of his cheeses because they are intolerant to or have difficulty digesting lactose.

enter
loading...

The Agricultural Market News are now available on TESEO.clal.it: click here.

CLAL.it Supporting Partners

Organizations and Large Retailers

< >

Milk and Dairy Processors

< >

Technology, Food, Animal

< >