The FAO Dairy Price Index averaged 108.8 points in December, up 3.4 points (3.2 percent) from November and representing the seventh continuous monthly rise.
Share on twitter
Share on facebook
Share on linkedin
Share on whatsapp
Share on email

International prices of all milk products that constitute the index increased in December, underpinned by strong global import demand, mostly induced by concerns over the adverse impacts of drier and warmer weather conditions on Oceania’s milk production.

High internal demand and lagging production of some milk products in Western Europe also provided support.

However, for 2020 as a whole, the FAO Dairy Price Index averaged 101.8 points, down 1.0 point (1.0 percent) from 2019.

Among the different milk products, butter prices registered the sharpest fall, followed by whole milk powder, while prices of skim milk powder and cheese increased.

Dairy products and, in particular, grass-fed products are performing strongly post-covid in overseas markets.

You may be interested in

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *

To comment or reply you must 

or

Related
notes

Cerrar
*
*
Cerrar
Registre una cuenta
Detalhes Da Conta
*
*
*
*
*
Fuerza de contraseña

SUBSCRIBE TO OUR NEWSLETTER