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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:
Thu, 5 Aug 2021 12:00:34 +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 116.5 points in July, down 3.4 points (2.8 percent) from June, declining for the second consecutive month, following 12 months of continuous increases. However, the index remained 14.7 points (14.5 percent) above the corresponding month last year. In July, international quotations for all dairy products represented in the index fell, with skim milk powder registering the biggest drop, followed by butter, whole milk powder and cheese, principally reflecting reduced import demand for spot supplies. Slower market activity in the Northern hemisphere due to the ongoing summer holidays, coupled with expectations for rising export availabilities in the period ahead, especially from Oceania, also weighed on international dairy price quotations.

Tables and graphs<http://www.fao.org/economic/est/est-commodities/dairy/en/>



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