Public and private stocks in EU dairy products slow down milk prices Milk prices have bottomed the. The upward trend is unmistakable. Butter prices have already reached the top quarter of the last 10 years . The other products have arrived not at the multi-annual average price . Skimmed-milk powder is the bottom and slows down the price upswing. The EU stocks which have accumulated in recent years make for a steamed milk prices. In the case of skimmed-milk powder are in line with the State minimum price guarantee of nearly 170 €/ dt been intervened about 350,000 t. Monthly deposits were made until in the month of August. In the meantime the market prices for SMP has risen again over 200 €/ dt, so that the State purchase obligation shall not apply. The MMP quantities are for the time being under lock and key and to price neutral again in the market back removed be. Currently it does not take place but still. In the case of the butter market price not below the State minimum price level of rd fell 220 €/ dt, so that the duty of intervention came not into force. In the context of private storage aid actions (PLH) dairy products for excess hours from the market temporarily taken out and after the Commons time automatically in the process of market introduced. In this way a market and price stabilisation should be achieved. In the PLH - bearings are currently still around 100,000 t butter, which is usually accumulate in the summer time. The softer butter fat in the summer months is regularly blended with the harder butterfat in the winter phase, to a uniform consistency to ensure of butter over the entire year. Currently a stronger education as storage can be observed, which is amplified in the next few months. The PLH cheese stocks have fallen since May with 35,000 tonnes to under 20,000 tonnes. Attractive market prices cause the storage amounts can go back and be after the deadline and free placed quickly in the market. The PLH-MMP stocksstill stops where the urge to higher retention remain critical. The stock is just under 75,000 t of the month Sep. 16. There are signs of a slowing down development. Milk prices are currently in the field butter prices at the highest level and skimmed-milk powder prices in the bottom quarter of the price scale. The butter quotes already reached the upper limit of pain, so that further price increases must go out now by the other milk products. In the face of EU stocks is not with stormy price increases be expected.
