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Index for dairy products rising again in early 2019

(AMI) - Rising prices for nearly all agricultural products have further boosted FAO's international price index in February. At 167.5 points, it was 1.7% up on the previous month, its highest level since August 2018. The sub-index for dairy products rose for the second month in a row, after continuing throughout the second half of 2018 had gone down. Consistently stronger trends at the product...
  • Regional steamed milk quantities as a result of heat and drought
  • Intervention stocks of skimmed milk powder almost completely sold
  • International demand is growing
  • Steamed export offer
  • Protectionism and trade barriers
  • Uncertain economic and political conditions
  • Brexit and its design unclear
  • Significant decline in oil prices

analysis

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  • GDT auction results continue in significant uptrend

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  • USDA Agricultural Outlook Forum: favorable prospects for the US dairy industry

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