ZMP Milk News-Cockpit

ZMP Cockpit – News Summary

Europe is exporting more dairy products again

After two weeks with milk volumes increasing again, the seasonal trend of declining deliveries has set in again. Compared to the previous week, around 1.5 percent less raw milk was served in the 37th calendar week. This also leads to firmer developments in the concentrate markets. Industrial cream in particular is available in limited quantities and has been able to increase in price as demand...
  • declining milk deliveries
  • low stocks of cheese
  • Euro-dollar ratio favors exports
  • good basic food supply
  • continued reluctance to purchase certain products
  • International competitiveness usually does not exist

ZMP Market Analyses

  • GDT auction in September 2023: +4.6% on average

    GDT auction in September 2023: +4.6%

    The second September 2023 auction of Global Dairy Trade (GDT) continued the price increase in the previous auction with an average of +4.6%. The big winners were skimmed milk powder and concentrated butter. The increasing demand from China has been clearly noticeable. At 37,366 t, the...

  • 2 Aug GDT auction down 7.4%

    GDT Auction in Aug. 2023: -7.4%

    The second Aug 2023 auction of the Global Dairy Trade (GDT) continued the seasonally typical price weakness with an average of -7.4%. The big loser was once again whole milk powder. The auction volume has increased to 33,580 tons. In New Zealand the milk season is in its infancy; the peak is...

  • 1st GDT auction in Aug 2023: -4.3%

    GDT Auction in Aug. 2023: -4.3%

    The second July 2023 auction of the Global Dairy Trade (GDT) continued the seasonal weakness with an average of -4.3%. The big loser this time was whole milk powder. The auction volume has made a strong jump to 32,618 t due to the supply. The new milk season has started in New Zealand....

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