New rise in the price of cow's milk with a drop in production in Spain

The trends observed in the cow's milk sector in recent months continue: the rise in prices continues, the decline in production and the decrease in the number of farms. The data from the Ministry of Agriculture for the month of October show a weighted average price of 0.556 euros/litre, which represents an increase of 12.3% compared to September and 57.5% compared to October 2021. . According to data from the Ministry, nine autonomous communities registered average prices above that average and, of these, five reached or exceeded 60 euro cents per liter (Andalusia, Castilla-La Mancha, Castilla y León, Extremadura and Madrid ). Only in the Balearic Islands was it below 50 cents. Production continued to fall in October (-4% compared to the same month last year) and the volume of deliveries accumulated in the first ten months of the year stood at 6.14 million tons, 2.1% below than that obtained in the same period of 2021. Regarding the number of farmers who declared deliveries, there ...