Spain: Producer prices for sheep milk increased by 32% and goat milk by 17% compared to last year

Sheep Milk

Goat Milk

Dairy

Spain

Market & Price Trends

Published Jan 4, 2024

Tridge summary

In Spain, the producer prices for sheep's and goat's milk have been on a continuous upward trend compared to last year due to a reduction in the number of farms, leading to a decrease in supply. In Greece, the reduced production has resulted in falling prices for sheep's and goat's milk. The data from the Spanish Ministry of Agriculture, Fisheries and Food indicates a significant increase in the price of sheep's milk and a slight increase in the price of goat milk in October 2023 compared to the previous year, despite a decrease in production and the number of breeders for both.

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

In Spain we have a continuous upward trend in producer prices for sheep's and goat's milk compared to last year. This is due, according to the Spanish ministry, to the reduction in the number of farms. So we see supply and demand working in the Iberian country, which is not the case in Greece, where with reduced production we see prices fall. According to the data from the Spanish Ministry of Agriculture, Fisheries and Food (MAPA), in October 2023, the trends observed for a long time in the market of sheep and goat milk continued, with a steep increase in prices compared to last year. In particular, the price of sheep's milk increased in October 2023 compared to last year. In this month, according to MAPA, the average price of sheep's milk was 1.80 euros/liter, 35.25% more than in the same month in 2022. Sheep's milk production decreased by 2.66% (to 29,654 million liters) and the number of breeders decreased by 5.32% (to 2,457 producers, against 2,596 a year ago). ...

Source: Agrotypos