ZMP Milk News-Cockpit

ZMP Cockpit – News Summary

Consumer prices go up

The amount of milk continues to increase, as is typical for the season, but is still 1.8% lower year-to-date than in the previous year. Compared to the reference week in 2021, 1.5% less raw milk was recorded, according to preliminary calculations. Commodity markets continue to trend weaker. The higher volume of milk and subdued demand mean that both cream and skimmed milk concentrate are weaker....
  • low powder inventory
  • Milk volume still significantly below previous year
  • Consumers ask for cheese and butter
  • young ripening stocks
  • milk peak
  • international competitiveness
  • Euro gains again against US dollar

ZMP Market Analyses

  • May 2 GDT Auction -2.9%

    GDT Auction in May 2022: - 2.9%

    The second May 2022 Global Dairy Trade (GDT) auction delivered another, but this time less sharp, drop in average auction results. Whole milk powder was particularly affected. The trading quantities are low, as is usual for the time of year. Whole milk powder (roughly 50%...

  • GDT Auction May 3, 2022: Price discount of -8.5%

    GDT Auction in May 2022: - 8.5%

    The first May 2022 Global Dairy Trade (GDT) auction delivered another, but this time sharp, pullback in average auction results. The butter fats were particularly affected. Trading volumes have risen slightly, which is unusual for the time of year. Whole milk powder (VMP) (50%...

  • Second Apr -2022 GDT auction at -3.6% to pre-auction

    GDT Auction in Apr. 2022: -3.6%

    The second. Global Dairy Trade (GDT) Apr 2022 auction delivered a third drop in average auction results. Individual winnings from the pre-auction had to be withdrawn. Trading volumes remain at a reduced level for seasonal reasons. Whole milk powder (VMP) (50% market share) lost...

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