Upward trend in the prices of dairy products in Europe

Published 2021년 3월 11일

Tridge summary

The European Commission has reported a rise in the average prices of butter, skimmed milk powder, and whole milk powder in the EU between January and March 2021, with butter and whole milk powder surpassing the previous year's prices by 8% and 2%, respectively. The prices of these dairy products had previously dropped due to the pandemic. Meanwhile, cheddar cheese prices have seen a 1% increase from the previous year. The prices of these dairy products have experienced fluctuations throughout the year, with the pandemic significantly impacting the prices, especially in 2020.

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

Original content

For some ranges, especially butter and whole milk powder, the previous year's price level has already been surpassed. This is due to the latest data from the European Commission. According to the European Commission, at the beginning of January 2021, the price of butter in the EU was on average EUR 335/100 kg and until March 7 it was constantly growing up to EUR 380. This exceeded the previous year's level by 8 percent. Butter prices dropped significantly in the spring of 2020 as a result of the coronavirus crisis, and in mid-May they recorded their lowest value of the year at € 281. They were then able to rise again and this positive trend continued until November and prices were slightly lower only in December. Are you looking for a warehouse for rent. See ads on PropertyStock.pl Skimmed milk powder in the EU at the beginning of 2021 was valued at an average of EUR 219/100 kg. It saw a steady increase in the following weeks. On March 7, it reached an average price of EUR 238/100 ...

Source: Portalspozywczy