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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.
Magermilchpulver ADPI-Extra
Market price  (€/Ton)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 1.374 1.893 2.623 +0,61% +38,57%
February 1.368 1.963 2.603 -0,76% +32,61%
March 1.305 1.958 2.386 -8,31% +21,90%
April 1.328 1.944 1.978 -17,11% +1,75%
May 1.501 2.085 2.020 +2,12% -3,12%
June 1.600 2.094 2.183 +8,04% +4,24%
July 1.524 2.079 2.190 +0,34% +5,34%
August 1.597 2.121  
September 1.668 2.203  
October 1.591 2.383  
November 1.626 2.523  
December 1.727 2.607  
Average 1.517 2.154 2.283
Variazione¹ % -14,72% +41,98% +14,04%
Last Update:01-07-2020
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 2018 2019 2020 ± on prev.
month.
± % from
2019
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  
August 1.698 1.698  
September 1.698 1.698  
October 1.698 1.698  
November 1.698 1.698  
December 1.698 1.698  
Average 1.698 1.698 1.698
Variazione¹ %
Last Update:29-06-2020
1) change from the same period of previous year
Source: European Commission
 
SMP - Skim Milk Powder
Storage warehouses  (Tons)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 377.336 100.477 0 0,00% -100,00%
February 375.849 4.331 0 0,00% -100,00%
March 371.849 2.743 0 0,00% -100,00%
April 367.279 1.260 0 0,00% -100,00%
May 342.791 749 (p)5.787 +57.869.900,00% +672,63%
June 307.508 182 (p)17.730 +206,38% +9.641,76%
July 287.880 20  
August 282.446 0  
September 280.151 0  
October 252.572 0  
November 219.989 0  
December 175.428 0  
Average 303.423 9.147 3.920
Variazione¹ % -22,15% -96,99% -78,57%
Last Update:30-06-2020
1) change from the same period of previous year
(p) = provisional value
Source: European Commission
UK trade data for the period Jan - Apr 2020 are provisional