Insight Focus
- Global dairy prices are still rallying.
- Skim milk powder prices have reached a record high in most regions.
- New Zealand’s products should remain the preference provided production can pick up.
Global Summary
- Skim milk powder prices are at a record high.
- Prices for the product are basically the same in all countries.
- New Zealand’s products should remain the first choice, though.
New Zealand
- Butter prices are especially strong following the GDT auction results.
United States
- Dairy prices are still rallying in the US, with skim milk powder and whey powder leading the charge.
Europe
- Europe’s butter and skim milk powder price rallies have continued.
Other Insights That May Be of Interest…
Strong Energy Prices and Labour Shortages Weaken Dairy Farmer Returns
