25.
07.25
Developments on the milk market

Milch News, 25/Jul/2025

Bullish
  • Moderate increase in sales of butter and cheese
  • Holiday-related increase in demand
  • Good export impulses
Bearish
  • Stock surpluses for skimmed milk powder
  • Seasonal increase in production
  • Currency risks

Prices for dairy products showed a predominantly moderate upward trend in the period under review (12 months) - particularly for butter, cheese and whey. The market reacted to seasonal production cycles, global fluctuations at auctions (GDT), as well as logistical and geopolitical factors.

Butter

  • Start (week 31/2024): € 710/100 kg

  • End (CW 30/2025): € 740/100 kg

  • Trend: Continuous increase due to export demand, especially in the 1st half of 2025

Skimmed milk powder (SMP)

  • Start: € 230/100 kg

  • End: 245 €/100 kg

  • Trend: Fluctuating, recently under pressure due to rising EU stocks.

Whole milk powder (WMP)

  • Start: 420 €/100 kg

  • End: 435 €/100 kg

  • Trend: Stable trend with slight upward impulses from South America and Asia.

Cheese

  • Start: 360 €/100 kg

  • End: 375 €/100 kg

  • Trend: Solid development, supported by high domestic demand in the EU and stable export figures (in particular Italy, France, Germany).

Whey

  • Start: 72 €/100 kg

  • End: 82 €/100 kg

  • Trend: Slightly rising - use in animal feed and foodstuffs ensures steady basic demand.

ZMP Live+ Logo

ZMP Live Expert Opinion

  • Butter prices stabilize at a high level, also supported by vacation demand and export impulses.

  • SMP and WMP show a differentiated picture: While SMP remains under slight pressure due to EU stock surpluses, WMP is benefiting from the revival in Asian demand.

  • Cheese prices remain stable with a slight increase - no signs of excessive market saturation.

  • Whey prices rise slightly - a niche product with a robust basis.

ZMP Market Trends
Latest news from the markets, in compact for you

You see historical data because you're not logged in or not a ZMP Live+ member. Get your information advantage now!

09.
11.25
12:35

Basic data & market development - until week 44/2025 (as at: 10.11.2025) Raw milk / producer prices The weighted average price of raw milk (EU-27) amounted to ≈ €54.53/100 kg in September 2025. A value of ≈ €56.64/100 kg is reported for October 2025. This means that the milk price remains at a high level, although the momentum is tending to flatten…

read on
02.
07.25
09:12

1st GDT auction in July 2025: prices down -4.1% The first July 2025 auction of Global Dairy Trade (GDT) continued the price decline of the two previous auctions with an average of -4.1%. Auction volumes rose unusually sharply to 25,705 tons. The maximum quantity offered was even around 30,000 tons. However, it should be noted that milk supply in…

read on
01.
07.25
11:41

The ife index stabilized at 49.8 ct/kg in June - the first recovery after five months of decline. Raw material value (ct/kg) Change compared to previous month January 2025 52,9 -1.8 ct February 51,7 -1.2 ct March 50,6 -1.1 ct April 49,7 -0.9 ct May 49,0 -0.7 ct June 49,8 New Zealand Milk Auctions July 01, 2025: Index at USD 4 389, stable since June…

read on
Rückrufservice
Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Register now and test ZMP Live+ for 14 days free of charge!
  • Permanently free of charge
  • No payment information required
Help?

Do you have questions about ZMP Live? Our team will be happy to help you. Please feel free to send us a message:

Our privacy policy applies

CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.