ZMP Milk News-Cockpit

ZMP Cockpit – News Summary

Derivatives market weaker - pre-Christmas business shapes goods issues

The amount of milk has recently increased slightly again. Compared to the previous week, around 0.6 percent more raw milk was registered at dairies in the 46th calendar week. However, compared to the 46th calendar week of the previous year, 2.2 percent fewer raw materials were tendered. Over the first 46 calendar weeks, the dairies had a total of 1.6 percent more milk available for use....
  • Milk quantity low
  • low inventory of cheese
  • Hardly any stocks of butter and skimmed milk powder
  • Pre-Christmas business
  • Milk quantity still higher than last year
  • good basic food supply
  • lack of international competitiveness

ZMP Market Analyses

  • Nov 2-23 GDT Auction

    GDT auction in November 2023: 0.0%

    The second November 2023 auction of Global Dairy Trade (GDT) has temporarily interrupted a further price decline from the previous auction with an average of -0.0%. The decisive factor was the price increases for whole milk powder with its high auction share. China demand was the decisive...

  • GDT auction: previous price increase stopped at -0.7%.

    GDT auction in November 2023: -0.7%

    The first November 2023 auction of Global Dairy Trade (GDT) has temporarily interrupted the price rise of the previous auctions with an average of -0.7%. The decisive factor was the price cuts for whole milk powder due to the more than 50% auction share. The declining demand from China was...

  • Oct 2-23 GDT auction with repeated +4.3%

    GDT auction in Oct. 2023: +4.3%

    The second October 2023 auction of Global Dairy Trade (GDT) continued the price rise of the previous auctions with an average of +4.3%. The big winner was butterfat with +7.1%. But the two milk powders have also increased significantly again. Rising Chinese demand is the deciding factor. At 35...

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