Global milk deliveries and EU dairy prices in staggered conjunction The EU dairy prices are closely related with the conditions on the world market. This is not surprising, because the EU is one of the world's largest milk producers and may refer directly to New Zealand in second place of the exporters of dairy products. However, the connection is made between the global development of milk deliveries and EU dairy prices directly, but generally to time-shifted about half a year. Predominantly non-perishable milk products are traded on the world market and hardly Frischmilch. So is to observe that the milk price high for the marketing year 2013/14 with almost €0.40 / kg 2014 has contributed to a sharp increase in global milk production in the aftermath. The EU accounts for the largest part of the production increase. Other production areas such as New Zealand and the United States were also involved with above-average growth rates. The subsequent price drop from the end of 2014 to early summer 2016 is here caused by the supply and demand sides. Located in by offering up the years 2014 and 2015 were the import ban Russia and a halving of China imports in comparison to previous years. The continued with a short break high delivery levels in connection with the reduced demand led to a strong pressure on pricespushed the EU dairy prices in early summer 2016 on the deepest level below the 26 ct / kg mark . The task of the EU milk quota had a limited role in this development. The fallen milk prices have at least since mid 2016 helped that the milk deliveries have fallen significantly below the previous year. Play a central role of the EU as the world's largest producer role but also the world's largest exporter of New Zealand, , as well as more milk production country have contributed to a decrease in milk production. Only the United States remain above the previous yeardue to their butter and cheese shortage. The worldwide production in in connection with a slightly improved export sales towards China and the countries of North Africa and the Middle East again a significant rise in milk prices in the 2nd half of 2016 on a multi-annual average level of less than €0.34 / kg led to. For the further development in the 1st half of 2017 it is seasonally low delivery quantities. Milk prices can continue to mount, it might also still limited. In the early summer 2017 occurs in the northern hemisphere the usual seasonal offer high in the months of May/June an and in the Oct is expected on the southern hemisphere again the tip of the delivery quantity. Extent to which the prices are under pressure, will be marked with the scale of production increases and the global demand side. While the butter prices have reached already high rates compared to previous years the Skimmed-milk powder prices remain in the bottom quarter of the multi-year price scale. The decisive cause is high MMP supplies of the EU.
