European Milk Market Observatory (MMO) – updates
   

AGRICULTURE AND RURAL DEVELOPMENT

EU Milk Market Observatory (MMO) newsletter

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EU and world monthly raw milk prices – latest updates

EU prices of raw milk
World prices of raw milk
EU historical prices

Highlights

  • EU avg. farm gate milk price increased to 44.22 c/kg in October 2023, +1.8% compared to Sep 2023, but -21.9% to Oct 2022;
  • Estimated price for November: 44.44 c/kg (+0.5% compared to Oct 2023);
  • In October 2023 EU avg. raw milk price was -22% lower than in October 2022, with highest decreases in IE (-41%, estimate), NL (-34%) and SE (-31%); lowest decreases in CY (-0%), HR (-1%) and FR (-2%);
  • The highest organic raw milk prices in October 2023: CY (104.1), ES (62.0 c/kg), BG (61.4 c/kg), IT (59.6 c/kg) and NL (57.6c/kg);
  • The lowest organic raw milk prices in October 2023: LV (33.5 c/kg), EE (40.7 c/kg), SE (42.8 c/kg), and LT (44.8 c/kg);
  • Compared to Sep 2023, the Oct 2023 milk price is down in US (41.3 c/kg; -3.8%) and up in NZ (30.8c/kg; +0.5%).

More information in the milk market observatory

Related links

EU milk and dairy products policy | EU agricultural markets short-term outlook

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