Milch Cockpit, 08.01.2016

The previous calendar year has continued very weak prices for milk products on the world market to end. At the end of the year, the FAO Food Price has further given index for dairy products and reached 149.9 points. Thus she has considers weak price trend in the milk market, which almost certain the entire calendar year, in the sum continued.

The index rose 1%, implying that the decline again slowed down something in December decreased compared to November. The persistently weak prices for milk powder were decisive for this development according to the FAO in the first place. However, rising prices for butter and stable trend in cheese could mitigate the reduction of the value of the index in December. Weak demand has led after milk powder among others, that the milk in the manufacture of other products of bulk was directed. Butter was a rise in demand, particularly from the Middle East, the United States, as well as from North Africa, recorded what reflected in higher prices at the end of the year.

The two products the opportunity in the EU, to achieve a guaranteed price for skimmed-milk powder and butter, the intervention has led to a higher attractiveness compared to whole milk powder. As a result, more raw material in the dairies and dry towers was drawn.

In the year 2015, the FAO Food Price was as low as last 2009 index for dairy products. In the Middle, moving the value at 160.3 points and was lower than in the previous year by more than a quarter.