Netherlands: Sharp fall in milk prices from farms and industry, retail price stable

Published 2023년 6월 19일

Tridge summary

The consumer price index for dairy products in the Netherlands reached 153 points in March 2023, marking a 2% increase from January 2023. This rise, however, conceals a different trend in the producer price index and ex-farm index. The producer price index for milk saw a 6% decrease, while the ex-farm index fell by 16%, both compared to January 2023. Despite these fluctuations, overall dairy prices are expected to remain high for 2022-2023 due to increased costs of energy and feed. These prices are 28% and 40% higher, respectively, compared to the previous year. The price fluctuations are primarily driven by global market dynamics and the local demand for dairy products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The consumer price index for dairy reached 153 points (2015=100) in March 2023, 2 percent higher than two months previously. In the past two months, the producer price index and ex-farm index have had to deal with a milk price fall of 6 percent and 16 percent, to 138 points and 143 points respectively. The prices of milk and dairy products will be relatively high in 2022-2023 compared to previous years. High energy and feed prices have pushed up dairy prices. The consumer price index (CPI) of dairy ended in March 2023 at about 153 points (2015=100). This is an increase of 2 percent compared to January 2023, but a stable level compared to February. The individual dairy products such as cheese and quark, fresh semi-skimmed and skimmed milk and yoghurt also rose in price by 2 percent compared to January. In the case of long-life milk and other dairy products, price fluctuations are hardly perceptible. The consumer price index for dairy is relatively high and will be 28 percent higher ...

Source: Melkveebedrijf