2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN...

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DG AGRI DASHBOARD: DAIRY PRODUCTS Last update : 12.08.2020 EU* = EU without UK 100 150 200 250 300 350 400 450 500 550 600 650 700 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 Jan 20 in EUR/100 kg EU average quotations of main commodities Butter Intervention price SMP Intervention price BUTTER SMP WMP CHEDDAR World Quotations EU* Prices GDT Auction EU* Productions EU+UK Trade +2.0% +1.9% +0.6% +6.9% -2.3% -3.2% +3.3% +0.2% +0.9% - 10% + 0% + 10% EU* Productions (Jan-May 2020 compared to Jan-May 2019) World Productions World Trade USD/Feed/Energy Feed / Energy quotations (evolution compared to the average of the previous 4 weeks ) Feed costs Energy costs - 0.5% - 2.5 % Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 EU* 177 + 36% 651 - 0% 432 - 15% 169 + 11% New Zealand 229 - 9% 165 - 6% 198 + 1% 768 - 5% United States 14 - 19% 194 + 0% 411 + 25% 21 + 33% Belarus 34 - 5% 127 + 10% 55 - 6% 12 + 0% United Kingdom 32 - 22% 84 - 5% 35 - 5% 22 - 14% Australia 5 - 57% 79 - 1% 67 - 11% 18 - 21% Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 Qty in ktons % 2020 /19 China 66 + 40% 62 + 5% 157 - 12% 416 + 2% United Kingdom 34 - 18% 204 - 17% 16 + 67% 13 - 22% Russia up to M ay 52 + 8% 113 + 2% 23 - 47% 14 - 42% Japan 10 - 8% 143 - 6% 22 - 7% 1 + 127% EU* 27 - 46% 96 - 3% 20 - 12% 13 - 42% Indonesia up to M ay 7 - 25% 12 - 8% 82 - 1% 21 - 16% Jan-Jun 2020 compared to 2019 MAIN IMPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. 10 000 11 000 12 000 13 000 14 000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1000 Tonnes EU* - Cows' milk collected 2017 2018 2019 2020 Jan-May 2020/19 : + 2.0% Jan-May 2020/19 (leap year adjusted): + 1.3% Sources : EUROSTAT, Reg. 2017/1185, Clal.it, USDA, Lto.nl, Nasdaq, ECB, Dairyaustralia, Dcanz, IHS Markit/GTA, Globaldairytrade. 500 600 700 800 900 1 000 1 100 1 200 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun in 1000 tonnes Australian milk production 2016/17 2017/18 2018/19 2019/20 Jul-May 2019/20 compared to 2018/19 : - 0.6% 0 500 1000 1500 2000 2500 3000 3500 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May in 1000 tonnes NZ milk production 2016/17 2017/18 2018/19 2019/20 Jun-May 2019/20 compared to 2018/19 : - 0.4% 7000 7250 7500 7750 8000 8250 8500 8750 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec in 1000 tonnes U.S. milk production 2017 2018 2019 2020 Jan-May 2020 compared to 2019 : + 1.8% 15 20 25 30 35 40 45 50 Jan 01 Jan 02 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 Jan 16 Jan 17 Jan 18 Jan 19 Jan 20 EUR/100 kg EU evolutive² Raw Milk Prices Evolution (up to Jul 2020³) Weighted EU Average (real fat content) EU Milk Equiv. Price (based on SMP and Butter prices) ³ : provisional figures 32.5 30.4 ² EU-27 without UK from 02/2020 onwards 10 15 20 25 30 35 40 45 50 55 Jan 12 Aug 12 Mar 13 Oct 13 May 14 Dec 14 Jul 15 Feb 16 Sep 16 Apr 17 Nov 17 Jun 18 Jan 19 Aug 19 Mar 20 EUR/100 kg MONTHLY Milk Spot Prices - IT - IT milk spot prices Lodi EU evolutive average milk price 0 20 40 60 80 100 120 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Apr 18 Jul 18 Oct 18 Jan 19 Apr 19 Jul 19 Oct 19 Jan 20 Apr 20 Jul 20 Last update : 09.08.20 OIL : Europe Brent Spot Price (USD/Barrel) 43.76 0 20 40 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 EUR/100 kg US Milk (class III adj 4.2% fat) NZ Milk - (Fonterra, adj 4.2% fat & 3.35% prot) EU evolutive Raw Milk price 28.7 32.6 46.1 US, NZ and EU* milk prices up to June 2020 1.00 1.10 1.20 1.30 Jan 17 Apr 17 Jul 17 Oct 17 Jan 18 Apr 18 Jul 18 Oct 18 Jan 19 Apr 19 Jul 19 Oct 19 Jan 20 Apr 20 Jul 20 EUR / USD Exchange Rate 1.1783 La s t Update : 12.08.20 EU* Oceania USA EU* Oceania USA Butter 3 900 3 525 3 619 + 4.8% - 6.0% - 3.9% SMP 2 424 2 725 2 178 + 2.9% - 1.8% - 2.0% WMP 3 181 3 288 3 803 + 3.5% + 1.5% + 1.5% Cheddar 3 561 3 750 5 197 + 3.5% - 5.1% - 16.8% Price in USD/Tonne on 2.08.2020 % change (15 days ago) LATEST WORLD QUOTATIONS in Tonnes 2018 2019 2020 % 2020 /19 in Tonnes 2018 2019 2020 % 2020 /19 Total to third countries 102 562 102 885 141 438 + 37% Total to third countries 638 471 650 807 650 738 - 0% United Kingdom 36 314 29 257 24 648 United Kingdom 237 197 245 495 203 776 USA 12 053 16 875 22 178 + 31% Japan 53 863 56 799 63 812 + 12% Saudi Arabia 4 634 4 150 11 107 + 168% USA 57 685 59 518 52 344 - 12% in Tonnes 2018 2019 2020 % 2020 /19 in Tonnes 2018 2019 2020 % 2020 /19 Total to third countries 394 366 506 406 432 186 - 15% Total to third countries 189 001 152 525 169 340 + 11% Algeria 75 511 49 447 75 572 + 53% Oman 31 262 25 561 24 962 - 2% China 37 372 65 144 55 965 - 14% Algeria 14 574 3 721 13 494 +++ Egypt 28 278 31 498 25 892 - 18% Nigeria 7 091 5 813 13 406 + 131% W.M.P. EU* Exports - Top 3 destinations in 2020 Period : January-June BUTTER CHEESE S.M.P. 32.6 Raw Milk €/100 kg EU* Price Evolution since last month - 1.1% 341 BUTTER €/100 kg + 1.5% 207 S.M.P. €/100 kg - 1.5% 277 W.M.P. €/100 kg + 0.7% 296 CHEDDAR €/100 kg - 2.5% Compared to the average of the previous 4 weeks EU* Prices (week 32) (week 32) Jun-2020 Average price (USD/MT, FAS) Event 265 4 August 2020 -5.1% $3 045 Anhydrous Milk Fat +3.0% $ 3 994 Butter -2.8% $ 3 438 Butter Milk Powder -6.5% $ 2 259 Cheddar -5.3% $ 3 568 Lactose +5.7% $ 1 349 Skim Milk Powder -4.6% $ 2 583 Whole Milk Powder -7.5% $ 3 003 Event 265 4 August 2020 -5.1% $3 045 + 40% + 5% - 12% + 2% + 32% - 2% - 42% + 4% 47 59 180 409 207 13 16 49 66 62 157 416 274 13 9 51 0 200 400 BUTTER + OIL CHEESE S.M.P. W.M.P. WHEYPOWDER CASEIN(ATE)S CONDENSED LACTOSE Qty in '000 tonnes 2019 2020 11 14 31 1 44 35 49 29 8 17 29 1 42 27 44 32 0 100 % from EU CHINA IMPORTS (Jan-Jun 2020 compared to 2019) 34.3 € (09 Aug) 20 25 30 35 40 45 50 55 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC EUR/100 kg WEEKLY Milk Spot Prices - IT, Lodi - 2017 2018 2019 2020 EU* = EU without UK

Transcript of 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN...

Page 1: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

DG AGRI DASHBOARD: DAIRY PRODUCTS Last update : 12.08.2020

EU* = EU without UK

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EU* Productions (Jan-May 2020 compared to Jan-May 2019)

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Energy costs

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/19

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Qty in

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%

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Qty in

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%

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EU* 177 + 36% 651 - 0% 432 - 15% 169 + 11%

New Zealand 229 - 9% 165 - 6% 198 + 1% 768 - 5%

United States 14 - 19% 194 + 0% 411 + 25% 21 + 33%

Belarus 34 - 5% 127 + 10% 55 - 6% 12 + 0%

United Kingdom 32 - 22% 84 - 5% 35 - 5% 22 - 14%

Australia 5 - 57% 79 - 1% 67 - 11% 18 - 21%

Jan-Jun 2020 compared

to 2019

MAIN EXPORTING THIRD COUNTRIES

BUTTER(OIL) CHEESE S.M.P. W.M.P.

Qty in

ktons

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2020

/19

Qty in

ktons

%

2020

/19

Qty in

ktons

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2020

/19

Qty in

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/19

China 66 + 40% 62 + 5% 157 - 12% 416 + 2%

United Kingdom 34 - 18% 204 - 17% 16 + 67% 13 - 22%

Russiaup to

M ay 52 + 8% 113 + 2% 23 - 47% 14 - 42%

Japan 10 - 8% 143 - 6% 22 - 7% 1 + 127%

EU* 27 - 46% 96 - 3% 20 - 12% 13 - 42%

Indonesiaup to

M ay 7 - 25% 12 - 8% 82 - 1% 21 - 16%

Jan-Jun 2020

compared to 2019

MAIN IMPORTING THIRD COUNTRIES

BUTTER(OIL) CHEESE S.M.P. W.M.P.

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EU* - Cows' milk collected

2017201820192020

Jan-May 2020/19 : + 2.0%

Jan-May 2020/19 (leap year adjusted): + 1.3%

Sources : EUROSTAT, Reg. 2017/1185, Clal.it, USDA, Lto.nl, Nasdaq, ECB, Dairyaustralia, Dcanz, IHS Markit/GTA, Globaldairytrade.

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in 1000 tonnes

Australian milk production

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p

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U.S. milk production

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2018

2019

2020

Jan-May 2020 compared to 2019 : + 1.8%

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EUR/100 kg

EU evolutive² Raw Milk Prices Evolution (up to Jul 2020³)

Weighted EU Average (real fat content)

EU Milk Equiv. Price (based on SMP and Butter prices)

³ : provisional figures

32.5

30.4

² EU-27 without UK from 02/2020 onwards

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MONTHLY Milk Spot Prices - IT -

IT milk spot prices Lodi

EU evolutive average milk price

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Last update : 09.08.20

OIL : Europe Brent Spot Price(USD/Barrel)

43.76

0

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40

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gUS Milk (class III adj 4.2% fat)

NZ Milk - (Fonterra, adj 4.2% fat & 3.35% prot)

EU evolutive Raw Milk price

28.7 32.6

46.1

US, NZ and EU* milk prices up to June 2020

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EUR / USD Exchange Rate

1.1783

Last Update : 12.08.20

EU* Oceania USA EU* Oceania USA

Butter 3 900 3 525 3 619 + 4.8% - 6.0% - 3.9%

SMP 2 424 2 725 2 178 + 2.9% - 1.8% - 2.0%

WMP 3 181 3 288 3 803 + 3.5% + 1.5% + 1.5%

Cheddar 3 561 3 750 5 197 + 3.5% - 5.1% - 16.8%

Price in USD/Tonne

on 2.08.2020

% change

(15 days ago)

LATEST WORLD QUOTATIONS

in Tonnes 2018 2019 2020% 2020

/19in Tonnes 2018 2019 2020

% 2020

/19

Total to third

countries102 562 102 885 141 438 + 37%

Total to third

countries638 471 650 807 650 738 - 0%

United Kingdom 36 314 29 257 24 648 United Kingdom 237 197 245 495 203 776

USA 12 053 16 875 22 178 + 31% Japan 53 863 56 799 63 812 + 12%

Saudi Arabia 4 634 4 150 11 107 + 168% USA 57 685 59 518 52 344 - 12%

in Tonnes 2018 2019 2020% 2020

/19in Tonnes 2018 2019 2020

% 2020

/19

Total to third

countries394 366 506 406 432 186 - 15%

Total to third

countries189 001 152 525 169 340 + 11%

Algeria 75 511 49 447 75 572 + 53% Oman 31 262 25 561 24 962 - 2%

China 37 372 65 144 55 965 - 14% Algeria 14 574 3 721 13 494 +++

Egypt 28 278 31 498 25 892 - 18% Nigeria 7 091 5 813 13 406 + 131%

W.M.P.

EU* Exports - Top 3 destinations in 2020Period : January-June

BUTTER CHEESE

S.M.P.

32.6Raw Milk €/100 kg

EU* Price Evolution sincelast month

- 1.1%

341BUTTER €/100 kg + 1.5%

207S.M.P. €/100 kg - 1.5%

277W.M.P. €/100 kg + 0.7%

296CHEDDAR €/100 kg - 2.5%

Compared to the average of the

previous 4 weeks

EU* Prices

(week 32)

(week 32)

Jun-2020

Average price (USD/MT, FAS)

Event 2654 August 2020

-5.1%

$3 045

Anhydrous Milk Fat

+3.0%$ 3 994

Butter

-2.8%$ 3 438

Butter MilkPowder

-6.5%$ 2 259

Cheddar

-5.3%$ 3 568

Lactose

+5.7%$ 1 349

Skim MilkPowder

-4.6%$ 2 583

Whole MilkPowder

-7.5%$ 3 003

Event 2654 August 2020

-5.1%

$3 045

+ 40%

+ 5%

- 12%

+ 2%

+ 32%

- 2%

- 42%

+ 4%

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409

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BUTTER + OIL

CHEESE

S.M.P.

W.M.P.

WHEYPOWDER

CASEIN(ATE)S

CONDENSED

LACTOSE

Qty in '000 tonnes

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2020

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0 100

% from EU

CHINA IMPORTS (Jan-Jun 2020 compared to 2019)

34.3 €

(09 A ug)

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0 k

g

WEEKLY Milk Spot Prices- IT, Lodi -

2017 2018

2019 2020

EU* = EU without UK

Page 2: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

back to DashboardNext

Wo

rld

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ota

tio

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EU*

Pri

ces

Jan

01

32.6Raw Milk €/100 kg

EU* Price Evolution sincelast month

- 1.1%

341BUTTER €/100 kg + 1.5%

207S.M.P. €/100 kg - 1.5%

277W.M.P. €/100 kg + 0.7%

296CHEDDAR €/100 kg - 2.5%

Compared to the average of the

previous 4 weeks

EU* Prices (week 32)

Jun-2020

EU* = EU without UKSource : DG AGRI – Reg. 2017/1185 Art. 11 & 12

Page 3: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Source : DG AGRI – Reg. 2017/1185 Art. 12(a) - Annex II.4(a)

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EUR/100 kg

EU evolutive² Raw Milk Prices Evolution (up to Jul 2020³)

Weighted EU Average (real fat content)

EU Milk Equiv. Price (based on SMP and Butter prices)

³ : provisional figures

32.5

30.4

² EU-27 without UK from 02/2020 onwards

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Source : Clal.it

34.3 €

(09 A ug)

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WEEKLY Milk Spot Prices- IT, Lodi -

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MONTHLY Milk Spot Prices - IT -

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EU evolutive average milk price

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Page 5: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

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in EUR/100 kg

EU average quotations of main commodities

Butter Intervention price

SMP Intervention price

BUTTER

SMP

WMP

CHEDDAR

Source : DG AGRI – Reg. 2017/1185 Art. 11 – Annex I.7

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Page 6: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Source : DG AGRI, USDA

EU* Oceania USA EU* Oceania USA

Butter 3 900 3 525 3 619 + 4.8% - 6.0% - 3.9%

SMP 2 424 2 725 2 178 + 2.9% - 1.8% - 2.0%

WMP 3 181 3 288 3 803 + 3.5% + 1.5% + 1.5%

Cheddar 3 561 3 750 5 197 + 3.5% - 5.1% - 16.8%

Price in USD/Tonne

on 2.08.2020

% change

(15 days ago)

LATEST WORLD QUOTATIONS

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Page 7: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Source : DG AGRI, LTO Nederland

0

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/10

0 k

gUS Milk (class III adj 4.2% fat)

NZ Milk - (Fonterra, adj 4.2% fat & 3.35% prot)

EU evolutive Raw Milk price

28.7 32.6

46.1

US, NZ and EU* milk prices up to June 2020

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Source : European Central Bank

Sources : Feed : DG AGRI, Clal.itEnergy : DG ENERGY

Source : Nasdaq

Feed / Energy quotations(evolution compared to the

average of the previous 4 weeks )

Feed costs

Energy costs

- 0.5%

- 2.5 %

(week 32)

1.00

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EUR / USD Exchange Rate

1.1783

Last Update : 12.08.20

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Last update : 09.08.20

OIL : Europe Brent Spot Price(USD/Barrel)

43.76

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Page 9: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

+2.0% +1.9%+0.6%

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+3.3%

+0.2%+0.9%

- 10%

+ 0%

+ 10%

EU* Productions (Jan-May 2020 compared to Jan-May 2019)

Source : EUROSTAT

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Page 10: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Source : EUROSTAT, Reg. (EC) No 479/2010 Art. 1(a)1

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n

Feb

Mar

Apr

May Jun

Jul

Aug Sep

Oct

Nov

Dec

1000

Ton

nes

EU* - Cows' milk collected

2017201820192020

Jan-May 2020/19 : + 2.0%

Jan-May 2020/19 (leap year adjusted): + 1.3%

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Page 11: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

500

600

700

800

900

1 000

1 100

1 200

Jul

Au

g

Sep

Oct

No

v

De

c

Jan

Feb

Mar

Ap

r

May Jun

in 1000 tonnes

Australian milk production

2016/17

2017/18

2018/19

2019/20

Jul-May 2019/20 compared to 2018/19 : - 0.6%

0

500

1000

1500

2000

2500

3000

3500

Jun

Jul

Au

g

Sep

Oct

No

v

De

c

Jan

Feb

Mar

Ap

r

May

in 1000 tonnes

NZ milk production

2016/17

2017/18

2018/19

2019/20

Jun-May 2019/20 compared to 2018/19 : - 0.4%

7000

7250

7500

7750

8000

8250

8500

8750

Jan

Feb

Mar

Ap

r

May Jun

Jul

Au

g

Sep

Oct

No

v

De

c

in 1000 tonnes

U.S. milk production

2017

2018

2019

2020

Jan-May 2020 compared to 2019 : + 1.8%

Source : Dairyaustralia, Dcanz, USDA

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Page 12: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

in Tonnes 2018 2019 2020% 2020

/19in Tonnes 2018 2019 2020

% 2020

/19

Total to third

countries102 562 102 885 141 438 + 37%

Total to third

countries638 471 650 807 650 738 - 0%

United Kingdom 36 314 29 257 24 648 United Kingdom 237 197 245 495 203 776

USA 12 053 16 875 22 178 + 31% Japan 53 863 56 799 63 812 + 12%

Saudi Arabia 4 634 4 150 11 107 + 168% USA 57 685 59 518 52 344 - 12%

in Tonnes 2018 2019 2020% 2020

/19in Tonnes 2018 2019 2020

% 2020

/19

Total to third

countries394 366 506 406 432 186 - 15%

Total to third

countries189 001 152 525 169 340 + 11%

Algeria 75 511 49 447 75 572 + 53% Oman 31 262 25 561 24 962 - 2%

China 37 372 65 144 55 965 - 14% Algeria 14 574 3 721 13 494 +++

Egypt 28 278 31 498 25 892 - 18% Nigeria 7 091 5 813 13 406 + 131%

W.M.P.

EU* Exports - Top 3 destinations in 2020Period : January-June

BUTTER CHEESE

S.M.P.

Source : EUROSTAT

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Page 13: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

+ 40%

+ 5%

- 12%

+ 2%

+ 32%

- 2%

- 42%

+ 4%

47

59

180

409

207

13

16

49

66

62

157

416

274

13

9

51

0 200 400

BUTTER + OIL

CHEESE

S.M.P.

W.M.P.

WHEYPOWDER

CASEIN(ATE)S

CONDENSED

LACTOSE

Qty in '000 tonnes

2019

2020

11

14

31

1

44

35

49

29

8

17

29

1

42

27

44

32

0 100

% from EU

CHINA IMPORTS (Jan-Jun 2020 compared to 2019)

Source : IHS Markit/GTA

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Page 14: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Source : IHS Markit/GTA

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Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

EU* 177 + 36% 651 - 0% 432 - 15% 169 + 11%

New Zealand 229 - 9% 165 - 6% 198 + 1% 768 - 5%

United States 14 - 19% 194 + 0% 411 + 25% 21 + 33%

Belarus 34 - 5% 127 + 10% 55 - 6% 12 + 0%

United Kingdom 32 - 22% 84 - 5% 35 - 5% 22 - 14%

Australia 5 - 57% 79 - 1% 67 - 11% 18 - 21%

Jan-Jun 2020 compared

to 2019

MAIN EXPORTING THIRD COUNTRIES

BUTTER(OIL) CHEESE S.M.P. W.M.P.

Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

Qty in

ktons

%

2020

/19

China 66 + 40% 62 + 5% 157 - 12% 416 + 2%

United Kingdom 34 - 18% 204 - 17% 16 + 67% 13 - 22%

Russiaup to

M ay 52 + 8% 113 + 2% 23 - 47% 14 - 42%

Japan 10 - 8% 143 - 6% 22 - 7% 1 + 127%

EU* 27 - 46% 96 - 3% 20 - 12% 13 - 42%

Indonesiaup to

M ay 7 - 25% 12 - 8% 82 - 1% 21 - 16%

Jan-Jun 2020

compared to 2019

MAIN IMPORTING THIRD COUNTRIES

BUTTER(OIL) CHEESE S.M.P. W.M.P.

Page 15: 2017 2018 NZ milk production U.S. milk production (Jan ... · Jan-Jun 2020 compared to 2019 MAIN EXPORTING THIRD COUNTRIES BUTTER(OIL) CHEESE S.M.P. W.M.P. Qty in ktons Qty in ktons

Au

cti

on

Average price (USD/MT, FAS)

Event 2654 August 2020

-5.1%

$3 045

Anhydrous Milk Fat

+3.0%$ 3 994

Butter

-2.8%$ 3 438

Butter MilkPowder

-6.5%$ 2 259

Cheddar

-5.3%$ 3 568

Lactose

+5.7%$ 1 349

Skim MilkPowder

-4.6%$ 2 583

Whole MilkPowder

-7.5%$ 3 003

Event 2654 August 2020

-5.1%

$3 045GD

T A

ucti

on

Source : Globaldairytrade

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