The FAO Dairy Price Index averaged 130.3 points in March, down 1.1 points (0.8%) from February and standing 15.6 points (10.7%) below its level in the corresponding month a year ago. The decline in March was driven by lower price quotations for cheese and milk powders, while butter prices increased.  The decline in the interna…

The  FAO Dairy Price Index  averaged 131.3 points in February, down 3.6 points (2.7%) from January and standing 10.2 points (7.2%) below the corresponding month last year. In February, the decline in the index was driven by lower prices across all dairy products, with the steepest falls in butter and skim milk powder (SMP).  Th…

The FAO Dairy Price Index averaged 136.2 points in January, down 2.0 points (1.4%) from December, hitting its lowest level in 12 months.  The decline in January reflected lower international prices of butter and milk powders. World butter prices fell for the seventh consecutive month, underpinned by subdued import demand for l…

The FAO Dairy Price Index averaged 139.1 points in December, up 1.5 points (1.1%) from November, registering an increase after five months of consecutive declines and surpassing by 10.1 points (7.9 %) its value a year ago.  In December, international cheese prices rose, mainly reflecting a robust global import demand and somewha…