Transcript EU P rices EU P ro d u ctio n s EU Trad e

DG AGRI DASHBOARD: DAIRY PRODUCTS
50
EUR/100 kg
50
45
39.2 € (02 Oct)
45
40
35
2013
2014
2015
2016
DEC
SEP
OCT
JUL
AUG
JUN
NOV
50
1.20
Jan 17
Jan 16
Energy
costs
- 0.5 %
20
Jan
Apr
Jul
Oct
Jan
Apr
Jul
Oct
Jan
Apr
Jul
Oct
Jan
Jan
Oct
Jan
Apr
Jul
+ 0.3 %
40
1.00
Jul
Feed costs
60
48.61
1.10
Oct
Jan 15
(week 40)
80
Jan
Apr
Jan 14
Evolution ( 4 last weeks )
100
1.30
1.1079
Jan 13
Feed / Energy quotations
120
Last update : 09.10.16
Last Update : 12.10.16
Oct
Jan 12
Jan 11
Jan 10
Jan 09
Jan 08
DEC
NOV
SEP
OCT
AUG
JUL
JUN
MAY
APR
MAR
FEB
JAN
Jan 07
Jan 03
Jan 16
Jan 15
Jan 14
Jan 13
Jan 12
Jan 11
Jan 10
Jan 09
Jan 17
0
(USD/Barrel)
1.40
Jan
Apr
Jul
- 7.5%
150
OIL : Europe Brent Spot Price
EUR / USD Exchange Rate
USD/Feed/Energy
+ 3.9%
10
EUR/100 kg
+ 3.6%
US Milk (class III adj 4.2% fat)
NZ Milk - (Fonterra, adj 4.2% fat & 3.35% prot)
EU Raw Milk price
2017
+ 5.7%
2016
+ 1.3%
2015
+ 4.8%
20
2014
+ 4.2%
2013
- 4.3%
+ 7.1%
2012
- 1.0%
+ 2.6%
2011
+ 4.2%
2010
4 252
2 082
3 075
3 387
2009
3 888
2 450
2 888
3 650
28.5
30
27.0
USA
2008
4 381
2 192
2 988
3 508
Oceania
2007
EU
2006
USA
50
38.1 40
2005
Cheddar
The latest EU Raw Milk Price (Sep 2016) is still provisional
2004
WMP
Jan 08
U.S. and New Zealand Milk Prices Evolution
2003
SMP
Jan 07
EU Milk Equiv. Price (based on SMP and Butter prices)
2002
Butter
Oceania
20
200
10
% change
(15 days ago)
EU
30
Weighted EU Average (real fat content)
LATEST WORLD QUOTATIONS
Price in USD/Tonne
on 2.10.2016
Jan 06
Jan 05
Jan 04
+ 1.2%
Jan 03
€/100 kg
250
40
20
Jan 02
315
+ 3.8%
Jan 01
CHEDDAR
€/100 kg
2001
World Quotations
270
350
42.0 € (09 Oct)
* : provisional figures
W.M.P.
400
300
WEEKLY Milk Spot Prices
- NL -
Jan 06
30
27.0
25
+ 4.2%
APR
€/100 kg
450
20
MAY
202
+ 5.7%
in EUR/100 kg
EUR/100 kg
S.M.P.
404
€/100 kg
FEB
BUTTER
25
35
32.2
MAR
(week 40)
30
40
Compared to the average
of the previous 4 weeks
JAN
EU Prices
EU Prices
Butter Intervention price
SMP Intervention price
BUTTER
SMP
WMP
CHEDDAR
Jan 05
+ 3.0%
€/100 kg
EU average quotations of main commodities
55
Jan 04
26.4
Raw Milk
EU Raw Milk Prices Evolution (up to September 2016*)
Evolution since
last month
Aug-2016
2-WEEKLY Milk Spot Prices
- IT, Lodi -
EUR/100 kg
EU Price
Last update : 13.10.2016
2013
2014
2015
2016
Period : January - August
2016
in Tonnes
2016
81 391
88 543 121 470
+ 37%
Extra-EU
Saudi Arabia
4 069
10 369 14 449
+ 39%
USA
72 434 87 012 88 748
+ 2%
USA
5 130
10 361 12 197
+ 18%
Japan
29 510 43 842 48 716
+ 11%
Egypt
1 341
8 898 11 123
+ 25%
Switzerland
35 854 36 635 38 137
+ 4%
in Tonnes
Extra-EU
Algeria
S.M.P.
2014 2015
431 603
102 726
2016
477 912 390 231
81 519 56 709
in Tonnes
- 18%
- 30%
Extra-EU
Oman
499 771 460 176 523 748
W.M.P.
2014 2015
+ 14%
2016
272 064 274 460 273 873
32 674 43 353 40 981
- 0%
- 5%
China
45 674
35 210 31 817
- 10%
Algeria
56 107 25 851 23 060
- 11%
Indonesia
34 590
30 122 30 581
+ 2%
Lebanon
11 025
+ 22%
9 882 12 091
World Trade
EU Trade
in Tonnes
Extra-EU
CHEESE
2014 2015
CHEESE
+ 30%
146
143
S.M.P.
- 2%
275
W.M.P.
337
284
326
WHEYPOWDER
14
15
7
13
CASEIN(ATE)S
CONDENSED
0
1
2
+ 23%
39
34
34
28
+ 15%
+ 12%
2015
61
60
LACTOSE
9
10
13
14
21
21
+ 35%
2016
100 200 300 400
+ 81%
73
13
21
- 2%
0
100
Sources : EUROSTAT, Reg. (EU) 479/2010, Clal.it, USDA, Lto.nl, Nasdaq, European Central Bank, Dairyaustralia, Dcanz, Global Trade Atlas, Globa ldairytrade.
BUTTER(OIL)
Qty in
ktons
% 2016
/15
Qty in
ktons
Qty in
ktons
500
Qty in
ktons
% 2016
/15
New Zealand
316
231
276
815
EU-28
166
+ 41%
524
+ 14%
390
- 18%
274
- 0%
United States
17
- 6%
188
- 16%
359
- 4%
48
+ 80%
Australia
21
- 9%
108
- 1%
104
- 20%
47
+ 9%
Japan
45
+ 6%
118
+ 21%
63
- 14%
18
- 7%
United States
4
- 42%
31
+ 17%
16
- 5%
73
- 6%
Philippines
Event 173
7000
Dec
Oct
Nov
Sep
Aug
Jul
Jun
May
Apr
Mar
Jan
Feb
May
Apr
Feb
Mar
Jan
Dec
Nov
Oct
Sep
Jul
Aug
Jun
% 2016
/15
Jan-Aug 2016
compared to 2015
- 5%
Anhydrous
Milk Fat
7250
MAIN IMPORTING THIRD COUNTRIES
W.M.P.
+ 12%
up to Jul
7500
2013
2014
2015
2016
1000
+ 10%
Argentina
8000
0
S.M.P.
% 2016
/15
8250
7750
Jun
May
CHEESE
8500
in 1000
tonnes
1500
2013/14
2014/15
2015/16
2016/17
+ 4%
Belarus
93
2000
600
Apr
Dec
Nov
Oct
Sep
Aug
Jul
Jun
44
60
49
64
BUTTER + OIL
900
500
Jan-Aug 2016
compared to 2015
% of EU
Qty in '000 tonnes
2500
MAIN EXPORTING THIRD COUNTRIES
CHINA IMPORTS (Jan-Aug 2016 compared to 2015)
EU Exports - Top 3 destinations in 2016
BUTTER
2014 2015
May
Apr
Mar
Feb
Jan
10 000
1 000
700
Feb
Jan-Jul 2016/15 : + 2.6%
Mar
11 000
Jan-Aug 2016 compared to 2015 : + 1.7%
3000
800
2013/14
2014/15
2015/16
2016/17
Jan
-15.2%
12 000
Dec
-0.1%
Nov
-1.1%
13 000
Oct
+2.3%
+0.3%
Sep
+2.6%
U.S. milk production
in 1000
tonnes
1 100
in 1000
tonnes
GDT
Auction
+5.6%
NZ milk production
Jun-Aug 2016/17 compared to 2015/16 : - 2.0%
3500
Aug
+8.7% +11.3%
Australian milk production
Jul-Jul 2016/17 compared to 2015/16 : - 10.3%
1 200
Jul
2013
2014
2015
2016
World Productions
EU - Cows' milk collected
14 000
1000 Tonnes
EU Productions
Source :
EU Productions (Jan-Jul 2016 compared to Jan-Jul 2015)
Butter
BUTTER(OIL)
CHEESE
Qty in
ktons
% 2016
/15
S.M.P.
Qty in
ktons
% 2016
/15
Qty in
ktons
W.M.P.
% 2016
/15
Qty in
ktons
% 2016
/15
China
60
+ 35%
64
+ 30%
143
- 2%
337
+ 23%
Russia
up to Jul
53
- 4%
127
+ 17%
72
+ 17%
24
+ 37%
Mexico
up to Jul
30
+ 37%
73
+ 0%
155
+ 20%
9
+ 102%
7
+ 11%
173
+ 5%
22
- 42%
0
+ 50%
34
+ 35%
131
+ 9%
1
- 69%
10
+ 46%
18
+ 51%
18
+ 38%
105
+ 80%
15
+ 33%
up to Jul
Butter Milk
Powder
Cheddar
Lactose
Rennet Casein
Skim Milk
Powder
Whole Milk
Powder
+9.3%
-2.3%
-9.7%
-3.7%
-3.9%
-3.8%
$ 2 408
$ 3 430
$ 6 574
$ 2 209
$ 2 681
4 October 2016
-3.0% 
Average price (USD/MT, FAS)
$ 2 880
-1.0%
$ 4 954
-0.3%
$ 3 891
$ 4 954