DAIRY PRODUCTS - DASHBOARD

2-WEEKLY Milk Spot Prices

2012
- IT, Lodi -

45
40
DEC

OCT

NOV

SEP

AUG

JUL

JUN

MAY

240

25

Jan 16

Jan 15

Jan 14

Jan 13

Jan 12

Jan 11

15

DEC

OCT

NOV

SEP

AUG

JUL

JUN

MAY

APR

FEB

EU Milk Equiv. Price (based on SMP and Butter prices)

MAR

JAN

Weighted EU Average (real fat content)

Jan 10

140

27 (06 Sep)

Jan 09

20

190

Jan 08

35
Jan 16

Jan 15

Jan 14

Jan 13

Jan 12

Jan 11

Jan 10

Jan 09

Jan 08

Jan 07

Jan 06

Jan 05

+ 0.0%

/100 kg

CHEDDAR

45

* : provisional figures
Jan 04

296

CHEDDAR

WMP

340

35

55

25

+ 3.8%

SMP

290

2013
2014
2015

25,0

BUTTER

390

Jan 07

220

/100 kg

+ 0.7%

Jan 03

W.M.P.

172

Jan 02

S.M.P.

30

in EUR/100 kg

SMP Int. price

30

WEEKLY Milk Spot Prices

2012
- NL -

29,3

/100 kg

APR

35

+ 0.6%

MAR

/100 kg

JAN

284

FEB

35 (06 Sep)

Butter Int. price

Jan 06

Evolution since last week

(week 36)

Jan 01

EU Prices

45
40

EU Prices

BUTTER

2015

- 0,9%

/100 kg

50

2014

Jan 03

29,7

Raw Milk

440

Jan 05

50

EUR/100 kg

EU average quotations of main commodities

55

2013

Jan 04

EU Raw Milk Prices Evolution (up to August 2015*)

EUR/100 kg

Evolution since
last month

Jul 2015

EUR/100 kg

EU Price

Last update : 11.09.2015

Cheddar

3 340

3 000

- 1.8%

3 781

- 0.4%

+ 6.5%

- 7,3 %

( Wk 36 )

20

Jul

EU Raw Milk price

- 6,4 %

Energy
costs

40

47,97
May

NZ Milk - (Fonterra, adj 4.2% fat & 3.35% prot)

Jan

Mar

+ 9.5%

1.10
1,1139
1.00
Nov

+ 0.3%

2 535

10
US Milk (class III adj 4.2% fat)

Feed costs

60

Jul

+ 7.1%

Sep

+ 14.4%

Mar

2 025

- 0.7%

May

2 394

WMP

1 846

Jan

1 788

Evolution ( 4 last weeks )

( Wk 36 )

Sep

1 904

20

Feed / Energy quotations

80

1.20

Jul

SMP

5 305

+ 3.8%

Mar

2 825

+ 3.2%

May

3 167

- 1.2%

Jan

Butter

120

1.30

Nov

19,8

Sep

30

USA

Oceania

Last update : 04.09.2015

1.40

100

Jul

EU

37,1
29,3

Last Update : 10.09.15

Mar

USA

Oceania

40

May

EU

% change
(15 days ago)

OIL : Europe Brent Spot Price ( $/Barrel )

EUR / USD Exchange Rate

Jan

Price in USD/Tonne
on 6.09.2015

50

EU AUG 2015 price is a provisional figure

USD/Feed/Energy

LATEST WORLD QUOTATIONS

EUR/100 kg

World Quotations

U.S. and New Zealand Milk Prices Evolution

Extra-EU
Saudi Arabia
USA
Egypt

2013

2014

2015

in Tonnes

57 367

73 419

80 156

+ 9%

2 021

2 951

9 957

+++

1 979
443

4 540
1 274

8 924
8 469

+ 97%
+++

Extra-EU
USA
Japan
Switzerland

S.M.P.
in Tonnes

Extra-EU

2013

2014

2013

2014

2015

452 698 453 261 402 997

61 092
26 009
30 526

63 155
24 959
31 521

76 121
38 658
32 094

- 11%
+ 21%
+ 55%
+ 2%

W.M.P.
2015

238 967 383 718 419 224

in Tonnes
+ 9%

Extra-EU

2013

2014

2015

216 893 246 709 234 461

- 5%

Algeria

39 591

92 479

64 184

- 31%

Oman

30 421

29 781

38 411

+ 29%

Egypt

13 972

25 034

39 326

+ 57%

Algeria

17 555

53 940

23 808

- 56%

China

23 469

42 228

31 528

- 25%

Nigeria

21 997

20 954

16 071

- 23%

60
39
42
44

BUTTER + OIL
CHEESE

+ 5%

175
126

S.M.P.

W.M.P.

- 28%
570

259
238
247

WHEYPOWDER
10
12
6
6
54
55

CASEIN(ATE)S

CONDENSED
LACTOSE
0

- 55%

+ 28%

2015

250

500

EU-28

41
38
24
32

+ 4%

2014

New Zealand

22
12

+ 1%
0

Sources : EUROSTAT, Reg. (EU) 479/2010, Clal.it, USDA, Lto.nl, Nasdaq, European Central Bank, Dairyaustralia, Dcanz, Global Trade Atlas, Globaldairytrade.

100

- 10%

190

% 2015
/14
+ 20%

S.M.P.
Qty in
ktons

229

+ 13%

Qty in
ktons

804

BUTTER(OIL)

% 2015
/14

Jan-Jul 2015
compared to 2014

- 5%

China

118

+ 27%

403

- 11%

419

+ 9%

234

- 5%

16

- 72%

201

- 13%

331

- 8%

24

- 34%

Japan

Australia

22

- 11%

97

+ 10%

117

+ 28%

39

- 20%

United States

Belarus

41

+ 49%

95

+ 20%

65

+ 41%

19

- 2%

Mexico

up to Jun

- 15%

Algeria

up to Jun

- 25%

22

- 21%

15

+ 33%

70

Qty in
ktons

39

United States

Dec

Oct

Nov

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

MAIN IMPORTING THIRD COUNTRIES

W.M.P.

% 2015
/14

Jan

Apr

May

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Jul

Aug

Jun

Jun

May

Apr

CHEESE
Qty in
ktons

7000

Russia

Argentina

91
94

+ 12%

274

% 2015
/14

7250

2014
2015

500

Qty in
ktons

2013

500

2015/16

2015/16

Jan-Jul 2015
compared to 2014

4
9
9
12
24
20
1
1

- 36%

2014/15

600

2014/15

7500
2012

1000

2013/14

2013/14

Mar

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan
in Tonnes

8000

7750

2012/13

MAIN EXPORTING THIRD COUNTRIES

% of EU

Qty in '000 tonnes

in 1000
tonnes

2500

700

BUTTER(OIL)

CHEESE

World TRADE

BUTTER

8250
3000

1500

CHINA IMPORTS (Jan-Jul 2015 compared to 2014)

Period : January to July

1 000

2012/13

Jan

Jan-Jun 2015/14 : +0,8%

10 000

3500
in 1000
tonnes

2000

Feb

11 000

Jun-Jun 2015/16 compared to 2014/15 : + 8,1%

800

Dec

12 000

U.S. milk production

Jan-Jun 2015 compated to 2014 : + 0,2%

900

Nov

- 11.1%

13 000

Oct

- 0.1%
- 3.1%

in 1000
tonnes

Sep

- 1.9%

NZ milk production
1 100

Jul

+ 0.7%

Aug

+ 0.2%

EU Exports - Top 3 destinations in 2015

EU TRADE

2012
2013
2014
2015

14 000

+ 3.2%

Australian milk production

Jul-Jun 2014/15 compared to 2013/14 : + 2,6%

GDT
Auction

+ 0.8% + 1.2%

EU - Cows' milk collected

1000 Tonnes

EU Productions

EU Productions (Jan-Jun 2015 compared to Jan-Jun 2014)

World Productions

Source :

up to Jun

% 2015
/14
- 36%

CHEESE
Qty in
ktons

44

% 2015
/14

S.M.P.
Qty in
ktons

W.M.P.

% 2015
/14

Qty in
ktons

+ 5%

126

- 28%

259

% 2015
/14
- 55%

39

- 49%

85

- 54%

50

+ 24%

14

- 26%

+ 179%

146

+ 11%

35

+ 50%

+ 53%

21

+ 183%

103

+ 26%

+ 3%

+ 75%

20

+ 82%

62

+ 30%

109

+ 8%

+ 40%

- 56%

18

+ 23%

75

- 17%

129

+ 16%