Dairy Outlook is a service of FAO’s Trade and Markets Division

 

The FAO Dairy Price Index averaged 204.3 points in March, up 11.9 points (6.2 percent) from February, registering a third consecutive increase. In March, international prices of butter, Whole Milk Powder (WMP) and cheese rose, underpinned by increased import demand in anticipation of a tightening in export availabilities from Oceania stemming from a seasonal decline in its milk production. By contrast, Skim Milk Powder (SMP) prices slipped slightly from the high values registered in February, reflecting a slowdown in demand for current deliveries.

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