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European Milk Market Observatory – Dashboard

Milk products: EU prices, EU productions, EU trade and world quotas

date:  12/07/2023

Latest update

Dashboard: Milk and dairy products

Highlights

  • EU butter prices: 724€/100 kg, -1.6% in the last 4 weeks;
  • EU SMP prices: 247€/100 kg, +0.9% in the last 4 weeks;
  • EU WMP prices: 436€/100 kg, -0.2% in the last 4 weeks;
  • EU cheddar prices: 461€/100kg, -0.04% in the last 4 weeks;
  • IT spot milk slightly up to 54.3c/kg (11.05.2025);
  • Feed cost decreased by -3.2% and energy cost by -6% in week 19 compared to the previous 4 weeks;
  • USA is more price competitive on Butter, SMP & Cheddar; and Oceania on WMP.

Related links

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