The prices of raw milk in Poland are slowly decreasing. These are not dynamic declines, but May was the fifth month in a row of discounts (according to the Central Statistical Office), during which time milk became cheaper by 6.9%.
Milk price again below PLN 2/l
In May, according to the Central Statistical Office, the average price of raw milk in Poland dropped by 2.8%. to PLN 196.89/100 l. From May 2023 to May 2024, milk became cheaper by 4.7%.
The chart below shows the prices of raw milk purchased in Poland according to the Central Statistical Office
Source: Central Statistical Office
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Almost 60 percent consumers are afraid of further price increases in stores
On the New Zealand GDT platform, the index showing changes in dairy product prices decreased by 0.5% in the last session (June 18, 2024). and is by 15.1 percent. higher than this time last year.
GDT butter is the most expensive in the history of quotations
During the last tender, the price of whole milk powder (WMP) decreased by 2.5 percent, the price of skimmed milk powder (SMP) increased by 0.7 percent, and the price of butter increased by 6.2 percent. to the highest level in the history of quotations on GDT.
The chart below shows the value of the GDT index
Source: www. globaldairytrade.info
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The world of perfect bales according to Kuhn. Demonstrations of balers and wrappers
According to EC data, in April last year the weighted average price of raw milk purchased in the EU-27 decreased by 0.6%. up to 46.09 euros/100 kg. Over the last 12 months, the average EU milk price has decreased by 3.0%.
The chart below shows the average prices of raw milk purchased in the EU
Source: EC
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Significant declines in grain prices on world stock exchanges
According to EC data, the price of raw milk in Poland decreased by 0.5% in April. and amounted to EUR 47.58/100 kg. In April 2023-April 2024, quotations increased by 1.8%. The current price of milk in Poland is 32 percent higher. from the EU average.
The chart below shows the average prices of raw milk purchased in Poland according to EU data
Source: EC
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The correction of oil prices on stock exchanges is prolonged
