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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, 6 Dec 2019 10:40:00 +0000
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The FAO Dairy Price Index - November 2019<http://www.fao.org/worldfoodsituation/foodpricesindex/en/>
The FAO Dairy Price Index averaged 192.6 points in November, registering only a marginal increase from October, after two months of declines. At this level, the index is 16.8 points (9.5 percent) above the corresponding month last year. In November, international price quotations for skim milk powder (SMP) and whole milk powder (WMP) rose the most, reflecting tighter availability of spot supplies, as milk production in Europe entered its seasonal low, amid brisk global import demand. After two months of declines, butter quotations rose slightly due to good overall demand, notwithstanding ample export availabilities. Cheese prices fell for a third consecutive month, as available supplies somewhat exceeded the demand.
Tables and graphs<http://www.fao.org/economic/est/est-commodities/dairy/en/>


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