ZMP Milk News-Cockpit

ZMP Cockpit – News Summary

Easter business stimulates demand for molded butter

The increase in milk volume eased off at the beginning of March. Compared to the previous week, around 0.2 percent less raw milk was served. According to preliminary calculations, the previous year's level up to the 9th calendar week will be exceeded by 3.2 percent. Spotmark milk fell again significantly in the last week to 28.4 cents/kg on average across Germany. Good availability of goods can...
  • European goods (partially) competitive again
  • good butter demand
  • good cheese demand
  • Euro/dollar ratio
  • higher milk volume compared to the previous year
  • seasonal milk yield development
  • good product availability
  • partly increased reluctance on the part of buyers

ZMP Market Analyses

  • Mar 1, 2023 GDT Auction: -0.7% with reduced turnover

    GDT Auction in Mar 2023: -0.7%

    The first Global Dairy Trade (GDT) Mar 2023 auction closed at an average of -0.7%. Except for VMP, all average results were in the negative range. In a long-term comparison, the GDT index has slipped back to the 10-year average. The auction volume of around 26,747 t was comparatively small....

  • GDT_Auction on 2 Feb 23 date with -1.5%

    GDT Auction in Feb 2023: -1.5%

    The second Feb. 2023 auction of the Global Dairy Trade (GDT) ended after a brief recovery in the pre-auction with an average of -1.5%. Except for normal butter, all results were in the negative range. In a long-term comparison, the GDT index has slipped back to the 10-year average. The auction...

  • 1 Feb 2023 GDT Auction Reaches +3.2%

    GDT auction in Feb. 2023: +3.2%

    The first Feb 2023 Global Dairy Trade (GDT) auction breaks the previous downtrend of the pre-auctions with a significant +3.2% on average. Milk fats in particular have more than made up for their earlier setbacks. Whole milk powder also achieved significant premiums. The auction volume of...

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