Page 136 - Food Outlook

APPENDIX TABLE 24: SELECTED INTERNATIONAL PRICES FOR MILK PRODUCTS AND DAIRY PRICE INDEX
Period
Annual (Jan/Dec)
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Monthly
2016 – October 2016 – November 2016 – December 2017 – January 2017 – February 2017 – March 2017 – April
2017 – May
2017 – June
2017 – July
2017 – August 2017 – September 2017 – October
International prices
Butter 1 Skim milk powder 2 Whole milk powder 3 Cheddar cheese 4
.................................................. (USD per tonne) ..................................................
FAO dairy price index
... (2002-2004=100) ...
220
223
150
207
230
194
243
224
160
154
183
186
193
193
194
190
184
193
209
217
220
224
215
3 337 3 701 2 736 4 270 4 876 3 547 4 484 4 010 3 212 3 350
4 213 4 328 4 497 4 479 4 409 4 730 4 994 5 205 5 938 6 438 6 724 6 950 6 306
4 336 3 251 2 332 3 081 3 556 3 119 4 293 3 647 2 113 1 983
2 314 2 299 2 307 2 337 2 332 2 121 1 935 2 004 2 156 2 085 2 031 1 951 1 856
4 354 3 891 2 556 3 514 4 018 3 358 4 745 3 868 2 509 2 457
2 874 3 125 3 273 3 234 3 249 3 063 2 990 3 188 3 273 3 296 3 417 3 372 3 198
4 055 4 633 2 957 4 010 4 310 3 821 4 402 4 456 3 340 3 094
3 631 3 613 3 725 3 756 3 825 3 688 3 438 3 619 3 900 4 031 4 008 4 151 4 125
1 2 3 4
Butter, 82% butterfat, f.o.b. Oceania and EU; average indicative traded prices
Skim Milk Powder, 26% butterfat, f.o.b. Oceania and EU, average indicative traded prices Whole Milk Powder, 1.25% butterfat, f.o.b. Oceania and EU, average indicative traded prices Cheddar Cheese, 39% max. moisture, f.o.b. Oceania, indicative traded prices
Note: The FAO Dairy Price Index is derived from a trade-weighted average of a selection of representative internationally-traded dairy products Sources: FAO for indices. Product prices: Mid-point of price ranges reported by Dairy Market News (USDA)
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FOOD OUTLOOK NOVEMBER 2017
Statistical appendix