Dairy Markets

Dairy analysis: Butter and SMP trend continues in Europe

Dairy analysis: Butter and SMP trend continues in Europe

The recent trend of slightly weaker butter and firmer skim milk powder (SMP) continued in Europe over the last couple...

May 2, 2021

Dairy market analysis: Euro butter sees slight decline but SMP extends positive streak

Dairy market analysis: Euro butter sees slight decline but SMP extends positive streak

European butter’s recent run of strong gains came to an end this week while skim milk powder (SMP) continued to...

April 1, 2021

GDT announces first index drop in 9 outings

GDT announces first index drop in 9 outings

The Global Dairy Trade (GDT) index has posted a decrease in index for the first time in nine outings –...

March 16, 2021

Dairy analysis: Euro butter markets remain ‘well supported’ in recent weeks

Dairy analysis: Euro butter markets remain ‘well supported’ in recent weeks

European butter markets remained very well supported over the last couple of weeks while skim milk powder (SMP) levelled off...

March 12, 2021

Sizeable GDT surge signals 8 increases on the bounce

Sizeable GDT surge signals 8 increases on the bounce

The Global Dairy Trade (GDT) index has posted a sizeable increase of 15% in the fifth auction of 2021 to...

March 2, 2021

Dairy markets: Euro butter strength continues but mixed fortunes for SMP

Dairy markets: Euro butter strength continues but mixed fortunes for SMP

The recent strength for European butter prices continued over the last couple of weeks while SMP price action was a...

February 26, 2021

Milk price increases ‘being wiped out by inputs surge’

Milk price increases ‘being wiped out by inputs surge’

Milk price increases are being “wiped out” by surges in input costs – but market indicators suggest a continued boost...

February 24, 2021

Dairy market analysis: Chinese demand puts floor under prices

Dairy market analysis: Chinese demand puts floor under prices

Dairy markets here in Europe have remained relatively well supported over the last few weeks as strong Chinese demand continues...

February 11, 2021

Stronger powder returns drive increase in Ornua PPI for January

Stronger powder returns drive increase in Ornua PPI for January

Ornua’s Purchase Price Index (PPI) has risen for the month of January, driven by strong powder returns, the Irish dairy...

February 3, 2021

GDT index records another increase to mark 6 on the bounce

GDT index records another increase to mark 6 on the bounce

The Global Dairy Trade (GDT) index has posted an increase in the third auction of 2021 to mark six increases...

February 2, 2021

Dairy market analysis: Prices push higher amid strong demand

Dairy market analysis: Prices push higher amid strong demand

European dairy commodity prices pushed higher in recent weeks as strong demand continues to outweigh good milk supplies, according to...

January 14, 2021

Dairy market analysis: Contrasting fortunes for butter and SMP continue

Dairy market analysis: Contrasting fortunes for butter and SMP continue

European dairy markets’ recent trend of firmer skim milk powder (SMP) and weaker butter continued over the last week, according...

December 24, 2020

Dairy analysis: Mixed market with contrasting fortunes for butter and powders

Dairy analysis: Mixed market with contrasting fortunes for butter and powders

It’s been a mixed few weeks for European dairy commodity markets with butter and SMP seeing contrasting fortunes, according to...

December 10, 2020

Dairy analysis: Strong supplies and weaker exports put pressure on spot prices

Dairy analysis: Strong supplies and weaker exports put pressure on spot prices

European dairy commodity prices ground lower in recent weeks as strong milk supplies and weaker dairy exports put downward pressure...

November 19, 2020

GDT index drops in latest auction

GDT index drops in latest auction

The Global Dairy Trade (GDT) index has dropped for the first time in four auctions, following three consecutive increases. The...

November 3, 2020

Market analysis: European dairy prices flatten out with butter unchanged

Market analysis: European dairy prices flatten out with butter unchanged

European dairy commodity prices flattened out over the last couple of weeks with the European butter quotation unchanged since mid-October,...

October 30, 2020

Dairy market analysis: Euro SMP prices firm up while butter recovers

Dairy market analysis: Euro SMP prices firm up while butter recovers

European skim milk powder (SMP) prices continued to firm up while butter saw some support this week after last week’s...

October 15, 2020

Market analysis: European dairy gains end but Irish exports ‘generally strong’

Market analysis: European dairy gains end but Irish exports ‘generally strong’

The recent support for European dairy commodity prices tailed off this week with both butter and skim milk powder’s (SMP’s)...

October 1, 2020