GDT Auction EU Trade World Trade EU Productions World Productions 1 Tonnes 21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 218 USD/Feed/Energy EUR/1 kg JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 EUR/1 kg JAN FEB M APR MAY JUN JUL AUG SEP OCT NOV DEC EUR/1 kg DG AGRI DASHBOARD: DAIRY PRODUCTS Last update : 25.1.218 World Quotations EU Prices EU Productions (- 218 compared to - 217) + 5 + - 5-1 - 15 Raw Milk +1.5 +1.8 EU Price -218 33.6 EU Prices (week 42) /1 kg Price in USD/Tonne on 14.1.218 -.4-2.7-1.2-12.1 Evolution since + 2.2 Compared to the previous 4 weeks BUTTER 498 /1 kg - 4.1 S.M.P. 155 /1 kg - 1. W.M.P. 271 /1 kg - 2.3 CHEDDAR 334 /1 kg -.6 LATEST WORLD QUOTATIONS change (15 days ago) EU Oceania USA EU Oceania USA Butter 5 87 4 1 5 9-5.5-6.6 + 1.4 SMP 1 794 2 25 1 925-4. - 1.8 nc WMP 3 181 2 725 3 362-4.9-2.7 + 1.7 Cheddar 3 853 3 538 3 727-3.1 -.4 + 4.5-1.3 +1.1 +1.8 EU Raw Milk Prices Evolution (up to tember 218*) 5 EUR/1 kg Weighted EU Average (real fat content) EU Milk Equiv. Price (based on SMP and Butter prices) 15 14 13 12 11 * : provisional figures US, NZ and EU milk prices up to ust 218 Source : US Milk (class III adj 4.2 fat) NZ Milk - (Fonterra, adj 4.2 fat & 3.35 prot) EU Raw Milk price EU - Cows' milk collected - 218 : + 1.5 215 216 217 218 4 37.1 35 2 34.3 3 215 WEEKLY Milk Spot Prices 216 - NL - 25 2 5 33.6 32.9 3.9 25 215 216 217 218 217 218 WEEKLY Milk Spot Prices - IT, Lodi - 43.3 (21 ) Australian milk production 1 1 1 9 8 7 6 5 EU average quotations of main commodities Butter Intervention price SMP Intervention price BUTTER SMP WMP CHEDDAR - 218/19 compared to 217/18 : - 3.9-218/19 compared to 217/18 : + 5.5 1 2 35 215/16 216 217/18 218/19 35.5 (21 ) EUR / USD Exchange Rate Last Update : 24.1.18 1.147 in 1 tonnes 55 5 4 35 3 25 5 4 3 2 1 1.4 1.3 1.2 1.1 1. OIL : Europe Brent Spot Price (USD/Barrel) Last update : 21.1.18 NZ milk production 215/16 216 217/18 218/19 in 1 tonnes 8.91 3 25 2 15 1 5 12 1 8 6 4 2 in EUR/1 kg Feed / Energy quotations (evolution compared to the previous 4 weeks ) Feed costs Energy costs +.8 + 5.1 U.S. milk production - 218 compared to 217 : + 1.1 875 215 216 217 218 (week 42) in 1 tonnes 85 825 8 775 75 725 7 7 65 6 55 5 4 35 3 25 2 15 1 EU Exports - Top 3 destinations in 218 Period : uary-ust BUTTER CHEESE in Tonnes 216 217 218 in Tonnes 216 217 218 Extra-EU 121 212 1 588 87 814-13 Extra-EU 523 169 559 557 555 11-1 USA 12 197 18 848 18 851 + USA 88 725 89 7 82 938-7 Saudi Arabia 14 6 536 5 766-12 Japan 48 714 64 89 73 557 + 13 China 5 4 6 129 5 532-1 Switzerland 38 9 4 719 42 172 + 4 S.M.P. W.M.P. in Tonnes 216 217 218 in Tonnes 216 217 218 Extra-EU 393 85 561 14 555 46-1 Extra-EU 275 372 28 959 239 917-15 Algeria 57 362 88 22 12 165 + 16 Oman 4 981 28 62 38 29 + 33 China 31 88 56 288 57 95 + 3 Algeria 23 6 56 892 2 23-65 Egypt 3 93 22 862 36 942 + 62 China 12 668 16 876 15 971-5 BUTTER + OIL Sources : EUROSTAT, Reg. (EU) 217/1185, Clal.it, USDA, Lto.nl, Nasdaq, European Central Bank, Dairyaustralia, Dcanz, Global Trade Atlas, Globaldairytrade. CHEESE S.M.P. W.M.P. WHEYPOWDER CASEIN(ATE)S CONDENSED LACTOSE RUSSIA IMPORTS (- 218 compared to 217) ' tonnes 69 127 135 75 28 11 54 31 3 3 34 217 27 1 218 11 5 1 15-35 + 6-4 - 62-43 - 6-19 + 13 of EU 97 95 94 97 1-218 compared to 217 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. 218 218 218 218 New Zealand 314 + 12 219-5 215-1 829 + EU-28 115-12 555-1 555-1 24-15 United States 33 + 64 242 + 5 54 + 26 32 + 91 Belarus 55 + 1 133 + 8 62-19 24 + 15 Australia 1 + 112 + 3 99-6 41 + 14 Mexico up to 6 + 57 14 +++ 91 +++ 16-76 Event 222 16 ober 218 -.3 Average price (USD/MT, FAS) $2 885 Anhydrous Milk Fat +1. $ 5 16 Butter +2.4 $ 4 114 Butter Milk Powder n.a. n.a. - 218 compared to 217 China 218 218 218 218 up to M ar 31 + 3 27-5 82 + 11 216 + 1 Mexico up to 15-48 76 + 3 26 + 7 3 + 73 Russia up to - 35 135 + 6-4 11-62 Algeria MAIN IMPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. up to 5-1 13 + 3 14 + 3 15 + 2 Japan 11 + 139 19 + 6 34 + 2-12 United States 34 + 2 11-6 1 + 17 6-59 Cheddar -1.8 $ $ 3344 44 Lactose Lactose +1.5 $ 926 $ 926 Rennet Rennet Casein Casein -1.7-1.7 $ 5 426 $ 5 426 Skim Skim Milk Milk Powder Powder +. $ 1 977 $ 1 977 Whole Milk Powder -.9 $ 2 729
EU Prices Raw Milk EU Price -218 33.6 EU Prices (week 42) /1 kg Evolution since + 2.2 Compared to the previous 4 weeks BUTTER 498 /1 kg - 4.1 S.M.P. 155 /1 kg - 1. W.M.P. 271 /1 kg - 2.3 CHEDDAR 334 /1 kg -.6 Source : DG AGRI Reg. 217/1185 Art. 11 & 12
1 2 3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 EU Raw Milk Prices Evolution (up to tember 218*) 5 EUR/1 kg 4 37.1 35 34.3 3 25 * : provisional figures 2 Weighted EU Average (real fat content) EU Milk Equiv. Price (based on SMP and Butter prices) Source : DG AGRI Reg. 217/1185 Art. 12(a) - Annex II.4(a)
JAN FEB M APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC EUR/1 kg EUR/1 kg 215 216 217 218 WEEKLY Milk Spot Prices - IT, Lodi - 43.3 (21 ) 55 5 4 35 3 25 2 215 216 217 218 WEEKLY Milk Spot Prices - NL - 35.5 (21 ) 5 4 3 2 1 Source : Clal.it
3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 EU average quotations of main commodities Butter Intervention price SMP Intervention price BUTTER SMP WMP CHEDDAR in EUR/1 kg 7 65 6 55 5 4 35 3 25 2 15 1 Source : DG AGRI Reg. 217/1185 Art. 11 Annex I.7
LATEST WORLD QUOTATIONS Price in USD/Tonne on 14.1.218 change (15 days ago) EU Oceania USA EU Oceania USA Butter 5 87 4 1 5 9-5.5-6.6 + 1.4 SMP 1 794 2 25 1 925-4. - 1.8 nc WMP 3 181 2 725 3 362-4.9-2.7 + 1.7 Cheddar 3 853 3 538 3 727-3.1 -.4 + 4.5 Source : DG AGRI, USDA
21 22 23 24 25 26 27 28 29 21 211 212 213 214 215 216 217 218 EUR/1 kg US, NZ and EU milk prices up to ust 218 5 33.6 32.9 3.9 25 US Milk (class III adj 4.2 fat) NZ Milk - (Fonterra, adj 4.2 fat & 3.35 prot) EU Raw Milk price Source : DG AGRI, LTO Nederland
Feed / Energy quotations (evolution compared to the previous 4 weeks ) EUR / USD Exchange Rate Last Update : 24.1.18 1.147 1.4 1.3 1.2 Feed costs Energy costs (week 42) +.8 + 5.1 Sources : Feed : DG AGRI, Clal.it Energy : DG ENERGY OIL : Europe Brent Spot Price (USD/Barrel) Las t update : 21.1.18 8.91 12 1 8 6 1.1 4 1. 2 Source : European Central Bank Source : Nasdaq
EU Productions (- 218 compared to - 217) + 5 +1.5 +1.8 +1.1 +1.8 + - 5 -.4-2.7-1.2-1.3-1 - 15-12.1 Source : EUROSTAT
1 Tonnes 15 14 13 EU - Cows' milk collected 215 216 217 218 12-218 : + 1.5 11 Source : EUROSTAT, Reg. (EC) No 479/21 Art. 1(a)1
Australian milk production - 218/19 compared to 217/18 : - 3.9 1 2 NZ milk production - 218/19 compared to 217/18 : + 5.5 35 U.S. milk production - 218 compared to 217 : + 1.1 875 in 1 tonnes 1 1 1 in 1 tonnes 3 25 in 1 tonnes 85 825 9 2 8 215/16 216 217/18 218/19 8 7 6 5 215/16 216 217/18 218/19 15 1 5 215 216 217 218 775 75 725 7 Source : Dairyaustralia, Dcanz, USDA
EU Exports - Top 3 destinations in 218 Period : uary-ust BUTTER CHEESE in Tonnes 216 217 218 in Tonnes 216 217 218 Extra-EU 121 212 1 588 87 814-13 Extra-EU 523 169 559 557 555 11-1 USA 12 197 18 848 18 851 + USA 88 725 89 7 82 938-7 Saudi Arabia 14 6 536 5 766-12 Japan 48 714 64 89 73 557 + 13 China 5 4 6 129 5 532-1 Switzerland 38 9 4 719 42 172 + 4 S.M.P. W.M.P. in Tonnes 216 217 218 in Tonnes 216 217 218 Extra-EU 393 85 561 14 555 46-1 Extra-EU 275 372 28 959 239 917-15 Algeria 57 362 88 22 12 165 + 16 Oman 4 981 28 62 38 29 + 33 China 31 88 56 288 57 95 + 3 Algeria 23 6 56 892 2 23-65 Egypt 3 93 22 862 36 942 + 62 China 12 668 16 876 15 971-5 Source : EUROSTAT
RUSSIA IMPORTS (- 218 compared to 217) ' tonnes of EU BUTTER + OIL CHEESE S.M.P. W.M.P. WHEYPOWDER CASEIN(ATE)S CONDENSED LACTOSE 28 11 31 3 3 34 27 1 11 54 69 75 127 135 217 218-35 + 6-4 - 62-43 - 6-19 + 13 97 95 94 97 Source : GTA 5 1 15 1
MAIN EXPORTING THIRD COUNTRIES - 218 compared to 217 BUTTER(OIL) CHEESE S.M.P. W.M.P. 218 218 218 218 New Zealand 314 + 12 219-5 215-1 829 + EU-28 115-12 555-1 555-1 24-15 United States 33 + 64 242 + 5 54 + 26 32 + 91 Belarus 55 + 1 133 + 8 62-19 24 + 15 Australia 1 + 112 + 3 99-6 41 + 14 Mexico up to 6 + 57 14 +++ 91 +++ 16-76 China MAIN IMPORTING THIRD COUNTRIES - 218 compared to 217 BUTTER(OIL) 218 CHEESE 218 S.M.P. 218 W.M.P. 218 up to M ar 31 + 3 27-5 82 + 11 216 + 1 Mexico up to 15-48 76 + 3 26 + 7 3 + 73 Russia up to - 35 135 + 6-4 11-62 Algeria up to 5-1 13 + 3 14 + 3 15 + 2 Japan 11 + 139 19 + 6 34 + 2-12 Source : GTA United States 34 + 2 11-6 1 + 17 6-59
Auction Event 222 16 ober 218 -.3 Average price (USD/MT, FAS) $2 885 Anhydrous Milk Fat +1. $ 5 16 Butter +2.4 $ 4 114 Butter Milk Powder n.a. n.a. Cheddar -1.8 $ $ 3344 44 Lactose Lactose +1.5 $ 926 $ 926 Rennet Rennet Casein Casein -1.7-1.7 $ 5 426 $ 5 426 Skim Skim Milk Milk Powder Powder +. $ 1 977 $ 1 977 Whole Milk Powder -.9 $ 2 729 Source : Globaldairytrade