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Newsletter on production and trade development in the dairy sector

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FAO-Dairy-Outlook <[log in to unmask]>
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FAO-Dairy-Outlook <[log in to unmask]>
Date:
Fri, 4 Nov 2022 10:05:35 +0000
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Dairy Outlook is a service of FAO's Markets and Trade<http://www.fao.org/economic/est/est-commodities/dairy/en/>
The FAO Dairy Price Index averaged 140.1 points in October, down 2.5 points (1.7 percent) from September, marking the fourth consecutive monthly decline, nevertheless, it remained 18.7 points (15.4 percent) above its value a year ago. In October, international prices of all dairy products covered by the index fell. Lower-than-anticipated purchases by China and lacklustre demand for spot supplies as most importing countries were well covered for their immediate needs, together with the impact of the weaker Euro against the United States dollar, underpinned the drop in world dairy prices. Market uncertainty about the direction of demand for dairy products, due to soaring inflation and economic downturns, also pressured international dairy prices down. Nonetheless, demand for some dairy products in other countries in Asia increased, containing potential larger declines in dairy prices.
Tables and graphs<https://www.fao.org/fileadmin/user_upload/est_new2020/xlsFileToUpload/Indices/FAO_Dairy_Price_Indices.xlsx>



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