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03.
05.24
Kiel stock exchange milk stocks: initially weak, later rising

Milk News, 3rd / May / 2024

Bullish
  • Milk deliveries will soon have peaked
  • The demand for drinking milk and ice cream is usually highest in summer
Bearish
  • Restrained consumer behavior
  • Weak MMP sales

Milk prices are still in the seasonally weak price phase due to the current increase in milk supply volumes. Prices for skimmed milk powder on the EEX-Leibzig are moving only slightly, while butter prices are showing slight improvements. Rising prices will be traded on the remaining dates in the course of the year. The standardized conversion of exchange prices into milk value therefore leads to higher milk prices from the late summer/autumn months onwards. This is the situation at the turn of the month Apr./May 2024.

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Positive expectations of rising milk prices in the future

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02.
10.24
09:33
1st GDT auction in Oct 2024 with +1.2 % Market Report Compact

1st GDT auction prices in Oct. 2024: +1.2 % The first Global Dairy Trade (GDT) auction in Oct. 2024 continued the average price increase of the previous auction with +1.2 %. There were significant price increases for whole milk powder. Butterfats appear to have passed a record high. The repeated high auction volume of 38,814 tons is outstanding…

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18.
09.24
08:56
Sep 17-2024: GDT auction +0.8% Market Report Compact

2nd GDT auction prices in Sep 2024: +0.8 % The second Sep 2024 Global Dairy Trade (GDT) auction more than offset the price decline of the previous auction with an average of +0.8 %. Significant upward corrections have taken place in milk powder. Butterfats appear to have reached an all-time high. The repeated high auction volume of 38,814 tons is…

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04.
09.24
08:52
Sep.1.24- GDT auction smoothes price development with -0.4 Market Report Compact

1st GDT auction prices in Sep 2024: -0.4 % The first Aug 2024 Global Dairy Trade (GDT) auction put the above-average price increase of the previous auction into perspective with an average of -0.4 %. Significant downward corrections took place for VMP, while the usual price ratio to VMP was restored for SMP. The repeated high auction volume of 38…

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