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

 

The FAO Dairy Price Index averaged 199.2 points in June, down 26.9 points (11.9 percent) from May, marking the first monthly decline in five months, but still 9.4 percent higher than its level at the start of the year. In June, price quotations across all four categories of milk products that constitute the Index dropped, with sharper falls registered for cheese and butter prices. June’s price weakness was precipitated by increased export availabilities and frail import demand.

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