The evolve in the prices of dairy products in Europe in the last week: drop in "spot" milk and rises in both butter and powdered milk

The European Observatory of the cow's milk market has reviewed in its latest report the evolution of the main dairy products, highlighting the increases experienced by butter as well as Skimmed Milk Powder and whole milk, while a slight decrease in the “spot” milk up to € 0.36 Butter this week reached a price of € 358/100 kg, which represents an increase of 2.2% in relation to the last 4 weeks, being the second product that has the most risen in this period, only surpassed by whole milk powder. With regard to Skimmed Milk Powder, SMP, its price has grown by 0.9% reaching 235 euros per 100 kilos, which represents an increase of 0.9% compared to the average value that it marked in the last month. The WMP, whole milk powder, shows an increase of 2.6%, reaching 291 euros per 100 kilos Finally, cheddar cheese is the only product, of the four analyzed by the Observatory, that shows a decrease in its price this week in relation to the amounts reached in the previous month, thus falling ...