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 213.2 points in June, down 2 points (0.9 percent) from May but still 2 percent higher than the corresponding month last year. The decline in June was driven by lower price quotations for cheese, more than offsetting a rise in Skim Milk Powder (SMP) prices, while those of butter and Whole Milk Powder (WMP) remained steady. Increased export availabilities in the United States and the EU weighed on price quotations for cheese, whereas persistent import demand provided support to the prices of SMP. Butter and WMP quotations rose in Europe, but fell slightly in Oceania.
Tables and graphs<http://www.fao.org/economic/est/est-commodities/dairy/en/>