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…

The  FAO Dairy Price Index  averaged 137.5 points in November, down 1.7 points (1.2%) from October, marking the fifth consecutive monthly decline, but remained 11.6 points (9.2%) above its value a year ago.  In November, international price quotations for skim milk powders fell the most, reflecting lower import demand, as buyer…