Tridge summary
The article reports on the dynamics of dairy product prices in Poland and the global dairy market as of November 2022, providing data on both domestic and international price trends. In Poland, the week of October 31 to November 6 saw a decrease in the selling prices of butter and skimmed milk powder (SMP) compared to the previous week and month, while whole milk powder (PMP) and cheeses experienced increases. The prices of these products were also compared to the previous year, showing significant increases for some, such as dairy products like butter and cheeses being more expensive than last year.
On the global stage, the article highlights the decline in the GDT price index, indicating a decrease in prices for dairy products like butter, whole milk powder, skimmed milk powder, and Cheddar cheese compared to the previous quotation and the prices of the same period last year, signaling a shift in the global dairy market dynamics. This shift is reflected in the lower global prices for these dairy products despite the local Polish market experiencing higher prices for some products compared to last year.
On the global stage, the article highlights the decline in the GDT price index, indicating a decrease in prices for dairy products like butter, whole milk powder, skimmed milk powder, and Cheddar cheese compared to the previous quotation and the prices of the same period last year, signaling a shift in the global dairy market dynamics. This shift is reflected in the lower global prices for these dairy products despite the local Polish market experiencing higher prices for some products compared to last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Selling prices of dairy products in Poland Dairy plants monitored under the Integrated Agricultural Market Information System of the Ministry of Agriculture and Rural Development from October 31 to November 6, 2022, sold butter in blocks of PLN 32.37/kg, i.e. 3% cheaper than a week earlier and 2.5% cheaper than a month ago. Packaged butter was sold at PLN 33.59/kg (PLN 6.72 for a 200-g cube), which is 1% less than in the previous week and 2.5% less than in the previous month. The price of butter in blocks was higher than in the previous year by 36.5%, and packaged butter – by 32.5%. The selling price of skimmed milk powder amounted to PLN 17.83/kg and was lower by 1.5% than a week earlier and a month ago. For whole milk powder, PLN 23.59/kg was obtained, i.e. 1% more than in the previous week, but 1% less than the month before. Compared to last year's quotations, SMP was more expensive by 48%, and PMP by 55%. Between October 31 and November 6, 2022, the monitored prices of Edamski ...
Source: Gospodarz
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