The article reports on the fluctuation of skimmed milk powder prices in the global market and the European Union. On November 5, 2024, the price at the Global Dairy Trade event was USD 2,850/t, which represents a 4% increase from the previous quotation and a 2% rise from the price a month earlier. In contrast, when compared to the price a year earlier, there was a 5% increase. In the EU, the price of SMP was EUR 2.48/kg at the end of October and beginning of November 2024, marking a 0.4% decrease from the previous week and a 3% drop from the price a month earlier. When looking at the annual comparison, the price was 6% lower than in 2023.