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Amazing price increase in Hungarian stores: Trappist cheese will slowly become a luxury in Hungary

Published Apr 21, 2022

Tridge summary

Producer prices for raw milk increased significantly in the U.S., New Zealand, and European Union in February 2022 compared to the previous year. The selling price of dairy products like cheddar cheese, skimmed milk powder, bulk butter, and whole milk powder also increased sharply on the world market. In Italy and the Netherlands, the spot market price for raw milk also saw significant increases. The German Center for Food Economics reported a significant increase in the raw material value of raw milk in March 2022 compared to the same month the previous year. However, milk purchases in France and Germany decreased in the same week. Prices for various dairy products also increased significantly in Hungary in March 2022 compared to the same month the previous year.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Producer prices for raw milk rose 44 percent in national currency in the U.S., 26 percent in New Zealand, and 22 percent in the European Union in February 2022 from a year earlier, according to the latest AKI report. On the world market, the selling price of cheddar cheese (FOB Oceania) rose by 44 per cent in one week in 2022, skimmed milk powder by 35 per cent, bulk butter by 19 per cent and whole milk powder by 8 per cent in one year. The spot market price of raw milk in Italy is 4-15. increased by 16 percent to 52 euros / 100 kilograms between weeks. In the Netherlands, the spot market price of raw milk with a fat content of 4.4 per cent, excluding transport costs, increased by 34 per cent between the 51st week of 2021 and the 13th week of 2022 and then fell by 8 per cent to € 54.5 per 100 kilograms in two weeks. In Verona, Italy, the spot market price for raw milk on 11 April, excluding VAT, is EUR 52 per 100 kilograms, for raw milk with a 3.6% fat content from Germany and ...
Source: Agrarszektor

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