News

World: End of increase in Dutch milk supply

Dairy
Netherlands
Market & Price Trends
Published Nov 3, 2023

Tridge summary

Milk prices in Europe, particularly in the Netherlands and Finland, dropped significantly in September compared to the same month last year. However, in the United States, the milk price increased. The volume of milk supply in Europe remained stable, with some countries experiencing a decrease due to factors such as the bluetongue virus and drought. Butter prices have been rising sharply since September, while skimmed milk powder prices had a continuous decline until recently when they started to recover due to factors such as improving concentrate prices and demand.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Milk prices were under pressure in September, especially in the Netherlands and Finland. At Royal FrieslandCampina, the milk price fell by 1.90 euros per 100 kilos of standard milk. At the Finnish Falio there was a discount of 3.90 euros. Europe-wide, the calculated advance prices in September amount to an average of 41.33 euros. The average milk price in that month is therefore 12.07 euros lower than in the same month last year. In the United States the picture is different. The USA class III milk price increased in September. In Belgium, Milcobel's milk price fell by 0.01 euros in September compared to August. The German milk prices of Hochwald and DMK remained the same. This was also the case with the Danish Arla. Prices at the French companies Lactalis, Sodiaal and Savencia also remained the same. Only the French Danone showed a small plus of 0.20 euros. In Ireland, milk prices from Kerry and Dairygold also remained unchanged. As usual, the highest milk price is reserved for ...
Source: Nieuwe Oogst
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.