Dairy Outlook is a service of FAO's Trade and Markets Division<http://www.fao.org/economic/est/est-commodities/dairy/en/>

The FAO Dairy Price Index averaged 197.4 points in March, up 6.2 points (3.3 percent) from February and slightly above its level in the corresponding period last year. During the month, international price quotations for butter, Whole Milk Powder (WMP) and cheese rose, while those of SMP declined, reversing the gains recorded in the two preceding months. Lower than anticipated milk production in New Zealand and continued strong global import demand led to higher butter, cheese and WMP prices, while continued pressure from global stocks and higher production pushed down SMP prices.
Tables and graphs<http://www.fao.org/economic/est/est-commodities/dairy/en/>