Collaboration in more than 46 countries.

You are leaving the country website to access another site in the group. Regulatory constraints and medical practices vary from country to country. Consequently, the information provided on the site in which you enter may not be suitable for use in your country.

NORTH AMERICA

Canada

United States

LATIN AMERICA

Argentina

Brazil

Mexico

Perú

GLOBAL

CEVA Global

EMEA (REGIONAL)

Denmark

Egypt

France

Germany

Hungary

Italy

Netherlands

Poland

Portugal

Romania

South Africa

Spain

Sweden

Tunisia

Turkey

Ukraine

United Kingdom

ASIA PACIFIC

Asia Pacific (Regional)

CHINA

India

Indonesia

Japan

Korea

Malaysia

Philippines

Share on:

The Milk Market (Marion Cassagnou)

Check out our Milk Market Outlook report, where we uncover the latest happenings in the dairy industry spanning Europe, New Zealand, China, and the USA. Our insights draw from comprehensive data to ensure you’re informed about the freshest trends.

Don’t hesitate to SEE and spread this valuable information.

 


 

GLOBAL RESULTS: MILK PRICE MARKET RESULTS

Changes in milk market prices vary from one area to another. Nevertheless, among exporters, milk prices appear to be recovering in the wake of the upward trend in the new Zealand GDT for dairy products. Even if China imports are still lower than previous years especially in whole milk powder, international demand is still important, stimulating the dairy trade.

 

 


 

MILK MARKET OUTLOOK IN EUROPE 

European milk prices have fallen sharply from the historically high prices in 2022 during the first semester. This downward pressure appeared to ease in the last quarter. They reached $50.3/100 kg in December ( -18% vs. 2022). Indeed, European collection was lower than expected in the last quarter 2023 ( -1.6% vs. Q4 2022) mainly due to weather problems (storms, cold snap, excessive humidity in fields).

 

 

 

 


 

USA MILK MARKET TRENDS

The rebound in US milk prices over the summer is already over. At $45.4/100kg in December, milk prices were down -16% compared to last year. If the feed cost stabilizes, the margin indicator falls. Farmers milk production, which has been declining since July 2023, could therefore remain on a downward trend, same as livestock data.

 

 


 

MILK MARKET PRICES IN NEW ZEALAND

Prices for dairy products rose in New Zealand in the last quarter of 2023, allowing milk prices to recover. However, the price of milk remained down by -19% compared to last year at $35.4/100 kg for December, a level well below other exporters. The milk flush was disappointing in the last quarter of 2023 (same level as 2022, at its lowest since 2012).

 

 

 

 


 

MILK MARKET PRICE IN CHINA

China´s milk production has increased significantly in recent years (+10 Mt, or +33% since 2018) thanks to significant investments in mega-farms (>5,000 cows). In 2023, milk production is expected to increase by +4.6%/2022 to 41 Mt. On the other hand, consumption is struggling, hence the gap between supply and demand which leads to a decrease in milk prices ($51.4/100kg for December 2023 or -13% / 2022).

 

 

 

 

Source:

 

Make sure to check out our News and Events section for access to all the monthly beef and milk market outlooks.

This site is registered on wpml.org as a development site.