Prices for raw milk in the EU are stabilizing

Published 2023년 10월 9일

Tridge summary

Preliminary data from the European Commission shows that in September, the average price of raw milk in the EU decreased compared to August and September of the previous year. However, the price trend varied among member states, with some countries experiencing stable prices. There were also changes in raw milk prices in individual countries compared to August and the previous year. The decrease in milk production due to heat in August may have influenced the stabilization of prices in some European countries, and the demand for certain dairy products has remained active. The future rise in milk prices may lead to a reduction in the number of cows in EU member states, as Europe produces more milk than its population consumes and faces limited demand in export markets like China. This could result in European farmers taking drastic measures to ensure profitability and meet real demand for milk production and processing.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary data from the European Commission, in September the average price of raw milk in the EU was 43.54 euro cents per kg, which is 0.25% less than in August and 25.24% less compared to September last year. In Ukraine, raw milk cost 35.57 euro cents per kg on average, which is 22.41% less than in the EU. In general, the price trend in the EU in September continued to go down. Although, in individual member states the situation on the milk market was different. In particular, in countries such as Germany, Spain, Italy, Cyprus, Latvia, Malta, the Netherlands and Portugal, milk purchase prices continued to remain stable and did not change over the past month. Compared to August of this year, raw material prices strengthened in Lithuania (+6.62%), Bulgaria (+0.50%), Greece (+1%), France (+0.13%), Austria (+1, 08%), Romania (+0.77%), Slovenia (+0.12%). Compared to the previous year, raw milk prices rose in Spain (+4.43%), France (+0.58%), Croatia (+8.27%), Portugal ...
Source: MilkUA

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