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


The FAO Dairy Price Index averaged 118.9 points in April, up 1.4 points (1.2 percent) from March, rising for the eleventh consecutive month and lifting the index 24.1 percent above its value a year ago. In April, butter quotations rose, underpinned by solid import demand from Asia, notwithstanding weaker internal demand in Europe. Skim milk powder prices increased due to high import demand from East Asia, induced partly by concerns over potential shipping delays amid limited spot supplies from Europe and Oceania. Cheese prices also increased due to high demand from Asia, amid lower-than-expected production in Europe and seasonally declining supplies from Oceania. By contrast, quotations for whole milk powder declined slightly, reflecting lower import demand for the available supplies, following significantly high volumes traded recently.



Tables and graphs<http://www.fao.org/economic/est/est-commodities/dairy/en/>