World: The coming months will bring a slight decline in milk purchase prices

Divergent price trends on the milk market In recent months, divergent trends have been observed on the global milk market, as analysts from Credit Agricole point out in the latest AGROmapa. As analysts point out, on the one hand, the price of butter continues to increase quite strongly, on the other hand, the prices of skimmed milk powder are decreasing. At the same time, prices of cheese and whole milk powder remain relatively stable. As a result, there was a further increase in the ratio of milk fat and protein prices, reflected in the difference between the prices of butter and skimmed milk powder, indicating a deepening internal imbalance in this market, as indicated by the authors of the report. "We believe that the current market price situation is due to two opposing factors: the still limited supply of milk among the world's main exporters of dairy products and the continuing weakened global demand for dairy products," the analysts explain. High profitability supports the ...