us , Chicago Price of Cheese

World


US: Cheese 40# Blocks price +7.32%
US: Butter, Grade AA price -0.54%
Oceania: Cheddar price +1.18%
Oceania: Whole Milk Powder (WMP) price +2.24%
UOceania: Skim Milk Powder (SMP) price +1.85%
Oceania: Butter price (82%) +7.27%

Europe

Western Europe: Whey Powder Sweet price -2.17%
Western Europe: WMP price -1.78%
Western Europe: SMP price -1.71%
Western Europe: Butter price (82%) -1.63%
Lithuania: Farm gate milk price +4.05%
DE, Bavaria: Farm gate milk price +0.67%

Italy

IT, Parma: Parmig.Regg. (24 months) price +0.42%
IT, Parma: Parmig. PDO Regg. (18 months) price +0.88%
IT, Parma: Parmig. Regg. PDO (15 months) price +0.95%
IT, Parma: Parmig.Regg. (12 months) price +1.00%
IT, Parma: Churned butter price -1.61%
IT: Grana Padano Production PDO +2.69%

Milk - Balance sheet in Mio Tons | Year 2024 (Forecast made in December

Country Cow Milk Production Other Milk Production Fluid Domestic Consumption Factory Use
World 552.03 ↑ +0.4% 119.43 ↑ +2.2% 196.12 ↑ +0.8% 470.23 ↑ +0.7%
India 99.50 ↑ +0.5% 110.70 ↑ +2.4% 89.00 ↑ +2.2% 121.18 ↑ +1.0%
EU-27 144.60 ↓ -0.1% 4.20 ↓ -0.1% 23.65 ↓ -0.2% 124.64 ↓ -0.1%
United States 103.87 ↑ +0.9% 0.00 ↑ +0.0% 20.40 ↓ -1.2% 82.84 ↑ +1.4%
China 41.50 ↑ +1.2% 1.20 ↑ +0.0% 17.00 ↑ +1.7% 26.48 ↑ +1.0%
Russia 32.50 ↑ +0.6% 0.00 ↑ +0.0% 6.70↓ -1.5% 24.14 ↑ +1.4%
Chart EU Milk Deliveries Trend
EU dairy exports decreased

During the same period (Dec22 - Nov23

24 million tons in milk equivalentwere exported


9,000 tons less

if compared to the period Nov22-Oct23

Global Snapshot
# Milk P. Imp* Exp* Cons* Balance
EU-27 +397 -56 +1.406 -779 -288
New Zealand +186 +38 +1.273 +7 -1.056
USA +126 +6 -483 +1.419 -805
United Kingdom +41 +189 +299 +248 -318
Australia -50 +169 -658 +251 +526
Uruguay +18 +12 +68 0 -38
Argentina -115 -15 -249 +110 +9
Chile -56 +45 -52 +26 +15
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