Milk Market Situation
Milk Market Situation
Brussels, 18 April 2013
EU Productions
EU-27 Deliveries/Productions development (Jan-Feb 2013 compared to Jan-Feb 2012)
EU-27 Deliveries/Production developments (Apr 12 - Feb 13 compared to Apr 11- Feb 12)
Cows' Milk Collected - 2.8% Fermented milk - 0.4%
Cows' Milk Collected - 0.7%
Fermented milk - 2.1%
.
Evolution en %
Evolution en %
Milk powder cream, Whole milk powder and partly skimmed milk powder - 10.0%
Cheese - 0.0%
Cheese + 1.1% Milk powder cream, Whole milk powder and partly skimmed milk powder - 2.5% Skimmed-milk powder - 0.7%
Skimmed-milk powder - 12.7% Total Butter - 4.3% -20% -18% -16% -14% -12% -10% -8% -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% 14%
Total Butter - 0.3%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Source : MS' Communications to Eurostat
Source : MS' Communications to Eurostat
!!! Data from some Member States are confidential and are NOT included in this table !!! February 2013 Data missing for EL
18 April 2013
2
-1.9 -1.9
-1.9
+5.7 +2.0
-1.2
-1.8 -1.8
-8.2 -8.2 -6.5 -0.3 -1.2 -1.9 -1.9 -0.8 -0.8 -2.7 -2.5 -2.5 -3.4 -7.8 -7.8 +1.1 -3.0 -2.7 -2.3 +0.1 +0.1 -5.9 -0.9
-12.0% to -9.0% -9.0% to -6.0% -6.0% to -3.0% -3.0% to +0.0% +0.0% to +3.0% +3.0% to +6.0% +6.0% to +9.0% +9.0% to +12.0%
-5.3
-0.2 -0.2
Source : MS' Communications to Eurostat Communications to Eurostat
-0.7
18 April 2013
3
-0.5 -0.5
-0.4 -0.4
+6.2 +6.9
+1.7
+1.5 +1.5
-4.3 -4.3 -3.5 -0.6 -1.1 -2.7 -2.7 +0.4 +0.4 +1.2 +2.5 -2.1 -3.5 +0.1 -0.5 +0.2 +0.5 +0.5 +4.4 +4.4 -3.9 +3.6
-12.0% to -9.0% -9.0% to -6.0% -6.0% to -3.0% -3.0% to +0.0% +0.0% to +3.0% +3.0% to +6.0% +6.0% to +9.0% +9.0% to +12.0%
-1.2
+4.6
0 0
18 April 2013
Source : MS' Communications to Eurostat Communications to Eurostat
-0.7
4
Monthly Deliveries EU 27
13,000 12,500 12,000 11,500
1000 tonnes
11,000 10,500 10,000 9,500 9,000 8,500 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010
2011
2012
2013
average 2005-2009
Source : MS' Communications to Eurostat
18 April 2013
Source: MS’ communications to Eurostat
5
Prices in EUR/100 kg
10
15
20
25
30
35
0
Jan 09 Mar 09 May 09 Jul 09 Sep 09 Nov 09 Jan 10 Mar 10 May 10 Jul 10 Sep 10 Nov 10 Jan 11 Mar 11 May 11 Jul 11 Sep 11 Nov 11 Jan 12
Mar 12 May 12 Jul 12 Sep 12 Nov 12 Jan 13
1 492 1 380 1 541 1 543 1 713 1 685 1 679 1 656 1 536 1 464 1 343 1 402 1 404 1 292 1 477 1 510 1 651 1 634 1 632 1 620 1 534 1 477 1 355 1 405 1 438 1 315 1 492 1 489 1 644 1 626 1 674 1 664 1 581 1 556 1 452 1 523 1 557 1 448 1 613 1 609 1 778 1 744 1 740 1 713 1 604 1 571 1 452 1 513 1 542 1 431
5
18 April 2013
Source : Eurostat, Reg. (EC) No 429/2010 Art. 3
30.33 23.36 9 662 29.52 21.55 9 035 27.33 10 210 21.06 25.06 10 35521.12 20.93 24.95 10 696 20.52 25.18 10 057 25.51 9 842 20.99 21.67 26.32 9 466 22.10 26.98 8 869 22.89 27.57 9 125 24.84 29.03 8 816 25.56 28.81 9 314 26.05 29.40 9 528 26.39 28.98 8 943 26.68 28.32 10 207 26.60 28.41 10 319 26.00 29.15 10 920 25.87 30.25 10 288 25.99 31.33 10 049 26.84 32.53 9 786 28.25 33.38 9 363 28.82 33.50 9 559 30.12 33.81 9 146 30.09 33.74 9 458 30.44 33.63 9 841 30.77 33.72 9 201 30.96 33.67 10 529 31.11 33.32 10 672 30.93 33.66 11 023 30.45 34.35 10 337 30.48 34.84 10 344 30.04 35.09 9 955 29.60 35.63 9 460 30.14 35.71 9 545 30.44 35.90 9 199 30.37 35.42 9 710 30.33 35.02 10 045 31.16 34.81 9 537 30.85 33.87 10 693 29.36 32.48 10 692 27.82 31.74 11 130 26.99 31.51 10 470 27.03 31.64 10 196 27.65 31.79 9 789 28.11 32.70 9 227 29.17 33.78 9 365 29.98 34.71 9 051 30.60 34.70 9 505 30.84 34.89 9 837 30.71 34.62 9 097
Weighted average Milk price (EU-15) Weighted average Milk price (EU-12) Raw Milk Deliveries (EU-15) Raw Milk Deliveries (EU-12)
EU 15/12 Milk Deliveries and Prices
-
2 000
4 000
6 000
8 000
10 000
12 000
14 000
16 000
18 000
20 000
22 000
24 000
26 000
28 000
6
Productions in 1 000 Tons
Milk Prices Evolution (up to February 2013)
LTO Weighted Average Milk Price * (standardized 4.2% fat) Weighted EU Average (real fat content) EU Milk Equivalent Price (based on EU SMP and Butter prices)
EUR/100 kg 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22
May 00
May 01
May 02
May 03
May 04
May 05
May 06
May 07
May 08
May 09
May 10
May 11
May 12
18 April 2013
Source :MS’ communications under reg. 562/2005 & 479/2010 + LTO : Land- en Tuinbouworganisatie Nederland
May 13
Sep 00
Sep 01
Sep 02
Sep 03
Sep 04
Sep 05
Sep 06
Sep 07
Sep 08
Sep 09
Sep 10
Sep 11
Sep 12
Jan 00
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
20
7
EU Milk Prices
(February 2013 compared to February 2012)
62
57.8 52.6
Milk Price 2012
Milk Price 2013
58 54 50
44.7 44.5 39.0
46
37.3
35.4 35.0 34.6 34.4 34.1 34.0 33.9 33.8 33.3 32.9 32.7 32.7 32.5 34 32.0 31.7 31.5 31.4 30.8 30.3 29.8 29.6 29.2
38
30 26 22 18
CY MT FI EL IT SE AT NL DE LU EU BG BE UK IE DK ES FR EE PT SK HU CZ SI LT RO PL LV 27
14
Estimates for IT and CY
NB: The above national price averages are of mixed nature, some relate to standardised milk, others to milk with real fat and protein content, pending harmonisation under reg. 479/2010 Source: MS’ communications under Reg. 479//2010
18 April 2013
in EUR/100 kg
42
8
Monthly EU SMP Prices
,425 ,400 ,375 ,350 ,325 ,300 ,275 ,250 ,225 ,200 ,175 ,150
Apr
May
Mar
2010
2011
2012
2013
Nov
Dec
Feb
Jan
Sep
Jun
Jul
Oct
Aug
IP 2009
Source: MS’ communications under Regs. 562/2005 and 479/2010 18 April 2013 9
EUR/100 kg
EU SMP Prices
(up to 14/04/2013)
350 316 310 305 297 300 268 250 200 150 100 50 0
283
277
275
275
273
BE
FR
DE
EU 27
SK
LV
PL
UK
CZ
IE
Source: MS’ communications under reg. 479/2010
18 April 2013 10
in EUR/100 kg
Monthly EU BUTTER Prices
,425 ,400 ,375 ,325 ,300 ,275 ,250 ,225 ,200 ,175 ,150 ,350
Jan
Sep
Jun
Jul
Oct
Aug
Nov
Apr
2010
May
Mar
2011
2012
2013
Dec
Feb
IP 2009
Source: MS’ communications under Regs. 562/2005 and 479/2010 18 April 2013 11
EUR/100 kg
EU Butter Prices (up to 14.04.2013)
401 390 376 375 371 356 337 335 331 330 314 306
325 300 275 250
I.P. = 221.75
EUR/100 kg
400 375 350
225 200 175 150
DE
BE
SK
NL
EU 27
LV
PL
CZ
PT
GB
IE
ES
18 April 2013
Source: MS’ communications under reg. 479/2010
12
EU Quotations of Butter and SMP
(EU average based on MS communication and weighted by production)
440 420 400 380 360 340
BUTTER SMP 372
in EUR/100 kg
.
320 300 280 260 240 220 200 180 160 140
297
Source: MS’ communications under reg. 562/2005 and 479/2010
18 April 2013
13
EU Dairy Quotations
(EU average based on MS communication and weighted by production)
,440 ,420 ,400 ,380
BUTTER SMP WMP CHEDDAR
371.8
in EUR/100 kg
,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 ,180 ,160
Sep 12 Sep 11 Sep 10 Mar 12 Sep 09 Sep 08 Sep 07 Sep 06 Sep 05 Sep 04 Sep 03 Dec 03 Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Mar 11 Mar 10 Mar 09 Mar 08 Mar 07 Mar 06 Mar 05 Mar 04 Mar 03 Mar 13 Jun 03 Jun 04 Jun 05 Jun 06 Jun 07 Jun 08 Jun 09 Jun 10 Jun 11 Jun 12
344.8 332
296.7
,140
Source: MS’ communications under reg. 562/2005 and 479/2010
18 April 2013
14
Monthly EU WMP Prices
,410 ,390 ,370 ,350 ,330 ,310 ,290 ,270 ,250 ,230 ,210 ,190 ,170 ,150
May
Sep
Mar
Nov
Aug
Jan
Apr
Jun
Jul
2010 2013 2011
18 April 2013
2011 Avg 2007-2009 2012
2012 2010 2013
15
Source: MS’ communications under Regs. 562/2005 and 479/2010
Dec
Feb
Oct
Monthly EU CHEDDAR Prices
,420 ,400 ,380 ,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 ,180
Sep Jan Mar Oct Jul Aug Jun May Nov Apr Dec Feb
Monthly EU EDAM Prices
Mar
May
Sep
Nov
Jan
Aug
,420 ,400 ,380 ,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 Avg 2007-2009
Dec
Apr
Jun
Jul
2010
2011
2010
2013
Avg 2007-2009
2010
2011
2012
2 013
Source: MS’ communications under Regs. 562/2005 and 479/2010
18 April 2013
Oct
Feb
16
Monthly EU WheyPowder Prices
,120 ,100 ,80 ,60 ,40 ,20
May Sep Mar Nov Aug Jan Apr Jun Jul Dec Feb Oct
2010
18 April 2013
2011
2012
2013
17
Source: MS’ communications under Regs. 562/2005 and 479/2010
USD/EUR
1.3129
18 April 2013
Source: European Central Bank
18
EU/US/Oceania Quotations of Butter
6 000
Avg Oceania Butter quotation
5 500 5 000 4 500
Prices in USD/tonne
Avg EU Butter internal Price Avg US Butter quotation
4 525 4 510 3 820
4 000 3 500 3 000 2 500 2 000 1 500 1 000
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Oct 06 Oct 07 Oct 08 Oct 09 Oct 10 Oct 11 Jul 12 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Oct 12 Apr 06 Apr 07 Apr 08 Apr 09 Apr 10 Apr 11 Apr 12 Jan 13
18 April 2013
19
EU/US/Oceania Quotations of SMP
6 000
Avg Oceania SMP quotation
5 500
Avg EU SMP internal Price
5 563
5 000 4 500
Avg US SMP quotation
Prices in USD/tonne
4 000 3 500 3 000 2 500 2 000 1 500
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
3 630 3 610
Oct 06
Oct 07
Oct 08
Oct 09
Oct 10
Oct 11
Jan 06 Apr 06
Jan 10 Apr 10
Jan 07
Jan 08
Jan 09
Jan 11
Jan 12
Oct 12
Apr 07
Apr 08
Apr 09
Apr 11
Apr 12
18 April 2013
Jan 13
Jul 06
Jul 07
Jul 08
Jul 09
Jul 10
Jul 11
Jul 12
1 000
20
EU/US/Oceania Quotations of WMP
6 000
Avg Oceania WMP quotation
5 500 5 000 4 500
Prices in USD/tonne
Avg EU WMP internal Price Avg US WMP quotation
5 500
4 000 3 500 3 000 2 500 2 000 1 500 1 000
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Oct 06 Oct 07 Oct 08 Oct 09 Oct 10 Oct 11 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Oct 12 Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Apr 06 Apr 07 Apr 08 Apr 09 Apr 10 Apr 11 Apr 12 Jul 12 Jan 13
4 260 4 060
18 April 2013
21
EU/US/Oceania Quotations of Cheddar
6 000
Avg OceaniaCheddar quotation
5 500 5 000 4 500
Avg EU Cheddar internal Price Avg US Cheddar quotation
4 400 4 300 3 990
Prices in USD/tonne
4 000 3 500 3 000 2 500 2 000 1 500
Jan 06
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Jul 06
Jul 07
Jul 08
Jul 09
Jul 10
Jul 11
Apr 06
Apr 07
Apr 08
Apr 09
Apr 10
Apr 11
Apr 12
Oct 06
Oct 07
Oct 08
Oct 09
Oct 10
Oct 11
Jul 12
Jan 07
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Oct 12
18 April 2013
Jan 13
1 000
22
BUTTER Exports
55 440
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 70 000 60 000 47 973 50 000 40 000 30 000
13 659 4 993 2012 6 404
15 924 7 410 8 310
20 000 10 000 0
Source: Eurostat Comext, Global Trade Information Service
18 April 2013 23
2013
BUTTEROIL Exports
35 494
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 44 748
50 000 45 000 40 000 35 000 30 000 25 000 20 000 15 000 10 000
3 253
1 162
417
3 405
2 134
271
5 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 24
SMP Exports
89 156 78 892 70 848
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 100 000 83 305 63 076 66 823 80 000 60 000 40 000
22 636
24 840 20 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 25
WMP Exports
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 267 500 300 000 250 000 200 000 150 000
221 559
58 355 22 097 2 960
100 000 54 396 14 797 3 088 0 50 000
2012
2013
Source: Eurostat Comext, Global Trade Information Service
18 April 2013 26
CHEESES Exports
108 818
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb )
124 182
140 000 120 000 100 000 80 000
47 568 21 791
55 788 40 101 26 756 43 769
60 000 40 000 20 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 27
EU Exports (1/2)
BUTTER exports
1000 Tonnes
193
1000 tonnes Total Exports
BUTTER exports
12
162
200 180 160 140 120 100 80 60 40 20 0 2006
10
114 121 114
2013
90 96
8 2012 6 4 2
2007
2008
2009
2010
2011
2012
0 jan feb mar apr may jun jul aug sep oct nov dec
1000 Tonnes
SMP exports
518 523
1000 tonnes
SMP exports
60
600 500 400
203
Total Exports
379
50 40 2013 2012 30 20 10
100 0 2006 2007 2008 2009 2010 2011 2012 jan feb mar apr may jun jul aug sep oct nov dec
89
200
179
300
231
0
18 April 2013
28
EU Exports (2/2)
1000 Tonnes
WMP exports
Total Exports
460 447 390 387
1000 tonnes
WMP exports
50 45 40 2012 35 30 25 20 15 10 5 0
400 300 200 100 0 2006
367
500
438
485
600
2013
2007
2008
2009
2010
2011
2012
jan
feb
mar
apr
may
jun
jul
aug
sep
oct
nov
dec
1000 Tonnes 800 700 600 500 400 300 200 100 0 2006 2007 2008 584 596
CHEESE exports
776 676 555 578 682
1000 tonnes
CHEESE exports
90 80
2013
2012
70 60 50 40 30 20 10
2009
2010
2011
2012
0 jan feb mar apr may jun jul aug sep oct nov dec
18 April 2013
29
BUTTER Imports
EU-27 (Jan - Feb) United States (Jan-Feb ) Russia (Jan-Feb ) China (Jan-Feb ) Mexico (Jan-Jan )
16 000 14 000 12 000
13 721
9 657 8 569 5 360 2 980 714 2012
18 April 2013
10 000 6 201 8 000 6 000 4 000 1 402 159 2013
30
136
2 000 0
BUTTEROIL Imports
5 448
EU-27 (Jan - Feb) United States (Jan-Feb ) Mexico (Jan-Jan ) China (Jan-Feb ) Russia (Jan-Feb )
5 225 3 820
6 000 5 000 4 000
2 618 1 517 738 1 826 1 292 2 053
3 000 2 000 1 000 0
1 030
2012
18 April 2013
2013
31
SMP Imports
42 222
EU-27 (Jan - Feb) Russia (Jan-Feb ) China (Jan-Feb ) Mexico (Jan-Jan ) Japan (Jan-Feb )
45 000 40 000 35 000
28 077
30 000 25 000
17 878
15 672
20 000 15 000
337
3 421
5 311 645
3 621
5 137
10 000 5 000 0
2012
2013
18 April 2013
32
WMP Imports
EU-27 (Jan - Feb) Mexico (Jan-Jan ) United States (Jan-Feb ) China (Jan-Feb ) Russia (Jan-Feb )
124 775
140 000 120 000
83 149
100 000 80 000 60 000 40 000
475
184
1 238
257
488
47
1 545
20 000 369 0
2012
18 April 2013
2013
33
CHEESES Imports
40 467 36 478
EU-27 (Jan - Feb) Russia (Jan-Feb ) Japan (Jan-Feb ) United States (Jan-Feb ) China (Jan-Feb )
45 411 36 946
50 000 45 000 40 000 35 000 30 000 25 000 20 000 15 000
20 693 13 768 5 462 12 954
20 861
6 618
10 000 5 000 0
2012
18 April 2013
2013
34
Main Dairy Importers
Russia
1000 Tonnes 125 100 75 50 25 0 101 67 75 50 67 66 60 1000 tonnes
(Butter)
10 9 8 2012 7 6 5 4 3 2 1 0
Jan-Feb 2013 compared to 2012 : + 60.1%
2013
Up to Nov 2010
2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Egypt
1000 Tonnes 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan 32 34 31 70 37
1000 tonnes 6 2013 : n/a 5 2011 4 3 2 1 0 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012
18 April 2013
35
Main Dairy Importers
Mexico
1000 Tonnes 175 150 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar 111 121 152 165 155 194 236 2013
(S.M.P.)
1000 tonnes 30 25 20 2012 15 10 5 0 Apr May Jun Jul Aug Sep Oct Nov Dec
China
1000 Tonnes 175 150 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 62 40 55 70 89 130 168 2013
1000 tonnes
Jan-Feb 2013 compared to 2012 : - 34%
25 20 15
2012 10 5 0 Oct Nov Dec
18 April 2013
36
Main Dairy Importers
China
1000 Tonnes 350 300 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar 73 58 46 177 326 320 406 2013
(W.M.P.)
1000 tonnes 80 70 60 50 40 30 20 10 0 Apr May Jun Jul Aug Sep Oct Nov Dec
Jan-Feb 2013 compared to 2012 : + 50%
2012
Algeria
1000 Tonnes 350 300 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 47 1 144 240 149 69 76 2013 : n/a
1000 tonnes 60 50 40 30 2012 20 10 0 Oct Nov Dec
18 April 2013
37
Main Dairy Importers
Russia
1000 Tonnes
(Cheese
– 1/2)
1000 tonnes
Jan-Feb 2013 compared to 2012 : + 12%
2013
2012
35 30
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 218 234 248 229 294 296 316
25 20 15 10 5 0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Japan
1000 Tonnes
1000 tonnes
Jan-Feb 2013 compared to 2012 : + 1%
2012
35 30
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 207 225 187 184 199 215 2013 235
25 20 15 10 5 0
Oct
Nov
Dec
18 April 2013
38
Main Dairy Importers
(Cheese
– 2/2)
United States
1000 Tonnes
1000 tonnes 25
Jan-Feb 2013 compared to 2012 : + 1%
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 205 200 171 162 138 143 154 5 0 2013 10 2012 20 15
Mexico
1000 Tonnes 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 79 86 68 73 80 78 89 2013
1000 tonnes 20
Jan-Jan 2013 compared to 2012 : + 34%
15
10 2012 5
0 Oct Nov Dec
18 April 2013
39
Adjusted U.S. milk production
(months of constant length)
8 200 8 000 7 800 7 600 7 400 7 200 7 000 6 800
Jan-Feb 2013 compared to 2012 : - 1.4% (real monthly production)
6 600
Jan
Jun
May
Mar
Jul
Nov
2009
2010
2011
2012
2013
Source:USDA 18 April 2013
Dec
Aug
Sep
Feb
Oct
Apr
in tonnes
.
40
Australian milk production
1,200 Jul-Feb 2012/13 compared to 2011/12 : - 1.2% 1,100 1,000 ,900 ,800 ,700 ,600 ,500
Nov
Jan
May
Aug
Dec
Mar
Feb
Apr
Oct
Sep
2009/10
2010/11
2011/12
2012/13
Source: Dairy Australia 41
18 April 2013
Jun
Jul
in tonnes
.
NZ milk production
3 500 Jun-Jan 2012/2013 compared to 2011/12 : + 4.8% 3 000 2 500 2 000 1 500 1 000 500 0
Jan
2008/09
2009/10
2010/11
2011/12
2012/2013
18 April 2013
Source: DCANZ - Fonterra 42
May
Aug
Nov
Mar
Sep
Dec
Jun
Feb
Apr
Oct
Jul
in tonnes
.
Monthly indicator of Argentina Milk Production
800.0
Jan-Feb 2013 compared to 2012 : - 12.3% (real monthly
750.0 700.0 650.0 600.0 550.0 500.0 450.0 400.0 350.0 300.0
Jan
Jun
May
Mar
Jul
Nov
2009
2010
2011
2012
2013
Source:Alimentos argentinos Based on an enquiry covering 65 % of total production
18 April 2013 43
Dec
Feb
Aug
Sep
Apr
Oct
in thousand tonnes
.
Results of the GDT Auction of 16.04.2013
Prices in US$/t AMF Butter BMP Cheeses MPC70 Rennet Casein Lactose SMP WMP 16/04/2013
May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Weighted average price
% change by contract from previous auction
% change May-13 Jun-13 + 5.7% + 6.7% - 13.3% + 2.8% + 6.0% - 7.5% + 2.9%
+ 7.3% + 5.9% + 5.8% + 1.3% + 7.4% - 4.4%
Jul-13
+ 6.2% + 8.0%
Aug-13 Sep-13 Oct-13
+ 8.8% + 7.4% + 5.4% + 2.4%
Nov-13
Dec-13
n.a. n.a. n.a. n.a. n.a. n.a. n.a. 4 174 n.a.
5 024 4 640 4 655 4 667 n.a. 10 060 n.a. 4 670 6 283 1€=
5 087 4 780 n.a. 4 953 n.a. n.a. n.a. 5 531 6 052
5 114 5 000 n.a. n.a. n.a. n.a. n.a. 5 141 6 048
4 732 n.a. n.a. n.a. n.a. n.a. n.a. 4 894 4 877
4 609 n.a. n.a. n.a. n.a. n.a. n.a. 4 894 4 838
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
4 964 4 721 3 982 4 753 n.a. 10 060 n.a. 4 757 5 245
+ 6.0%
- 2.2% + 4.7%
- 8.2% + 1.8%
- 7.6% - 13.0% - 1.2% + 1.7%
- 11.6% + 4.7%
1.3129 $ (ECB rate)
Weighted average price
in €/t AMF Butter BMP Cheese MPC70 Rennet Casein Lactose SMP WMP
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
3 826 3 875 3 895 3 605 3 510 #VALUE! 3 534 3 641 3 808 3 546 3 555 3 773 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! 7 662 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! 3 179 3 557 4 786 4 213 4 610 3 915 4 607 3 728 3 715
#VALUE!
#VALUE! #VALUE! #VALUE!
3 728 #VALUE! #VALUE! 3 685 #VALUE! #VALUE!
3 781 3 596 3 033 3 621 ####### 7 662 7 227 3 623 3 995
Source : http://www.globaldairytrade.info/
18 April 2013
44
Brussels, 18 April 2013
EU Productions
EU-27 Deliveries/Productions development (Jan-Feb 2013 compared to Jan-Feb 2012)
EU-27 Deliveries/Production developments (Apr 12 - Feb 13 compared to Apr 11- Feb 12)
Cows' Milk Collected - 2.8% Fermented milk - 0.4%
Cows' Milk Collected - 0.7%
Fermented milk - 2.1%
.
Evolution en %
Evolution en %
Milk powder cream, Whole milk powder and partly skimmed milk powder - 10.0%
Cheese - 0.0%
Cheese + 1.1% Milk powder cream, Whole milk powder and partly skimmed milk powder - 2.5% Skimmed-milk powder - 0.7%
Skimmed-milk powder - 12.7% Total Butter - 4.3% -20% -18% -16% -14% -12% -10% -8% -6% -4% -2% 0% 2% 4% 6% 8% 10% 12% 14%
Total Butter - 0.3%
-8%
-6%
-4%
-2%
0%
2%
4%
6%
8%
10%
12%
14%
16%
Source : MS' Communications to Eurostat
Source : MS' Communications to Eurostat
!!! Data from some Member States are confidential and are NOT included in this table !!! February 2013 Data missing for EL
18 April 2013
2
-1.9 -1.9
-1.9
+5.7 +2.0
-1.2
-1.8 -1.8
-8.2 -8.2 -6.5 -0.3 -1.2 -1.9 -1.9 -0.8 -0.8 -2.7 -2.5 -2.5 -3.4 -7.8 -7.8 +1.1 -3.0 -2.7 -2.3 +0.1 +0.1 -5.9 -0.9
-12.0% to -9.0% -9.0% to -6.0% -6.0% to -3.0% -3.0% to +0.0% +0.0% to +3.0% +3.0% to +6.0% +6.0% to +9.0% +9.0% to +12.0%
-5.3
-0.2 -0.2
Source : MS' Communications to Eurostat Communications to Eurostat
-0.7
18 April 2013
3
-0.5 -0.5
-0.4 -0.4
+6.2 +6.9
+1.7
+1.5 +1.5
-4.3 -4.3 -3.5 -0.6 -1.1 -2.7 -2.7 +0.4 +0.4 +1.2 +2.5 -2.1 -3.5 +0.1 -0.5 +0.2 +0.5 +0.5 +4.4 +4.4 -3.9 +3.6
-12.0% to -9.0% -9.0% to -6.0% -6.0% to -3.0% -3.0% to +0.0% +0.0% to +3.0% +3.0% to +6.0% +6.0% to +9.0% +9.0% to +12.0%
-1.2
+4.6
0 0
18 April 2013
Source : MS' Communications to Eurostat Communications to Eurostat
-0.7
4
Monthly Deliveries EU 27
13,000 12,500 12,000 11,500
1000 tonnes
11,000 10,500 10,000 9,500 9,000 8,500 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010
2011
2012
2013
average 2005-2009
Source : MS' Communications to Eurostat
18 April 2013
Source: MS’ communications to Eurostat
5
Prices in EUR/100 kg
10
15
20
25
30
35
0
Jan 09 Mar 09 May 09 Jul 09 Sep 09 Nov 09 Jan 10 Mar 10 May 10 Jul 10 Sep 10 Nov 10 Jan 11 Mar 11 May 11 Jul 11 Sep 11 Nov 11 Jan 12
Mar 12 May 12 Jul 12 Sep 12 Nov 12 Jan 13
1 492 1 380 1 541 1 543 1 713 1 685 1 679 1 656 1 536 1 464 1 343 1 402 1 404 1 292 1 477 1 510 1 651 1 634 1 632 1 620 1 534 1 477 1 355 1 405 1 438 1 315 1 492 1 489 1 644 1 626 1 674 1 664 1 581 1 556 1 452 1 523 1 557 1 448 1 613 1 609 1 778 1 744 1 740 1 713 1 604 1 571 1 452 1 513 1 542 1 431
5
18 April 2013
Source : Eurostat, Reg. (EC) No 429/2010 Art. 3
30.33 23.36 9 662 29.52 21.55 9 035 27.33 10 210 21.06 25.06 10 35521.12 20.93 24.95 10 696 20.52 25.18 10 057 25.51 9 842 20.99 21.67 26.32 9 466 22.10 26.98 8 869 22.89 27.57 9 125 24.84 29.03 8 816 25.56 28.81 9 314 26.05 29.40 9 528 26.39 28.98 8 943 26.68 28.32 10 207 26.60 28.41 10 319 26.00 29.15 10 920 25.87 30.25 10 288 25.99 31.33 10 049 26.84 32.53 9 786 28.25 33.38 9 363 28.82 33.50 9 559 30.12 33.81 9 146 30.09 33.74 9 458 30.44 33.63 9 841 30.77 33.72 9 201 30.96 33.67 10 529 31.11 33.32 10 672 30.93 33.66 11 023 30.45 34.35 10 337 30.48 34.84 10 344 30.04 35.09 9 955 29.60 35.63 9 460 30.14 35.71 9 545 30.44 35.90 9 199 30.37 35.42 9 710 30.33 35.02 10 045 31.16 34.81 9 537 30.85 33.87 10 693 29.36 32.48 10 692 27.82 31.74 11 130 26.99 31.51 10 470 27.03 31.64 10 196 27.65 31.79 9 789 28.11 32.70 9 227 29.17 33.78 9 365 29.98 34.71 9 051 30.60 34.70 9 505 30.84 34.89 9 837 30.71 34.62 9 097
Weighted average Milk price (EU-15) Weighted average Milk price (EU-12) Raw Milk Deliveries (EU-15) Raw Milk Deliveries (EU-12)
EU 15/12 Milk Deliveries and Prices
-
2 000
4 000
6 000
8 000
10 000
12 000
14 000
16 000
18 000
20 000
22 000
24 000
26 000
28 000
6
Productions in 1 000 Tons
Milk Prices Evolution (up to February 2013)
LTO Weighted Average Milk Price * (standardized 4.2% fat) Weighted EU Average (real fat content) EU Milk Equivalent Price (based on EU SMP and Butter prices)
EUR/100 kg 50 48 46 44 42 40 38 36 34 32 30 28 26 24 22
May 00
May 01
May 02
May 03
May 04
May 05
May 06
May 07
May 08
May 09
May 10
May 11
May 12
18 April 2013
Source :MS’ communications under reg. 562/2005 & 479/2010 + LTO : Land- en Tuinbouworganisatie Nederland
May 13
Sep 00
Sep 01
Sep 02
Sep 03
Sep 04
Sep 05
Sep 06
Sep 07
Sep 08
Sep 09
Sep 10
Sep 11
Sep 12
Jan 00
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
20
7
EU Milk Prices
(February 2013 compared to February 2012)
62
57.8 52.6
Milk Price 2012
Milk Price 2013
58 54 50
44.7 44.5 39.0
46
37.3
35.4 35.0 34.6 34.4 34.1 34.0 33.9 33.8 33.3 32.9 32.7 32.7 32.5 34 32.0 31.7 31.5 31.4 30.8 30.3 29.8 29.6 29.2
38
30 26 22 18
CY MT FI EL IT SE AT NL DE LU EU BG BE UK IE DK ES FR EE PT SK HU CZ SI LT RO PL LV 27
14
Estimates for IT and CY
NB: The above national price averages are of mixed nature, some relate to standardised milk, others to milk with real fat and protein content, pending harmonisation under reg. 479/2010 Source: MS’ communications under Reg. 479//2010
18 April 2013
in EUR/100 kg
42
8
Monthly EU SMP Prices
,425 ,400 ,375 ,350 ,325 ,300 ,275 ,250 ,225 ,200 ,175 ,150
Apr
May
Mar
2010
2011
2012
2013
Nov
Dec
Feb
Jan
Sep
Jun
Jul
Oct
Aug
IP 2009
Source: MS’ communications under Regs. 562/2005 and 479/2010 18 April 2013 9
EUR/100 kg
EU SMP Prices
(up to 14/04/2013)
350 316 310 305 297 300 268 250 200 150 100 50 0
283
277
275
275
273
BE
FR
DE
EU 27
SK
LV
PL
UK
CZ
IE
Source: MS’ communications under reg. 479/2010
18 April 2013 10
in EUR/100 kg
Monthly EU BUTTER Prices
,425 ,400 ,375 ,325 ,300 ,275 ,250 ,225 ,200 ,175 ,150 ,350
Jan
Sep
Jun
Jul
Oct
Aug
Nov
Apr
2010
May
Mar
2011
2012
2013
Dec
Feb
IP 2009
Source: MS’ communications under Regs. 562/2005 and 479/2010 18 April 2013 11
EUR/100 kg
EU Butter Prices (up to 14.04.2013)
401 390 376 375 371 356 337 335 331 330 314 306
325 300 275 250
I.P. = 221.75
EUR/100 kg
400 375 350
225 200 175 150
DE
BE
SK
NL
EU 27
LV
PL
CZ
PT
GB
IE
ES
18 April 2013
Source: MS’ communications under reg. 479/2010
12
EU Quotations of Butter and SMP
(EU average based on MS communication and weighted by production)
440 420 400 380 360 340
BUTTER SMP 372
in EUR/100 kg
.
320 300 280 260 240 220 200 180 160 140
297
Source: MS’ communications under reg. 562/2005 and 479/2010
18 April 2013
13
EU Dairy Quotations
(EU average based on MS communication and weighted by production)
,440 ,420 ,400 ,380
BUTTER SMP WMP CHEDDAR
371.8
in EUR/100 kg
,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 ,180 ,160
Sep 12 Sep 11 Sep 10 Mar 12 Sep 09 Sep 08 Sep 07 Sep 06 Sep 05 Sep 04 Sep 03 Dec 03 Dec 04 Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Mar 11 Mar 10 Mar 09 Mar 08 Mar 07 Mar 06 Mar 05 Mar 04 Mar 03 Mar 13 Jun 03 Jun 04 Jun 05 Jun 06 Jun 07 Jun 08 Jun 09 Jun 10 Jun 11 Jun 12
344.8 332
296.7
,140
Source: MS’ communications under reg. 562/2005 and 479/2010
18 April 2013
14
Monthly EU WMP Prices
,410 ,390 ,370 ,350 ,330 ,310 ,290 ,270 ,250 ,230 ,210 ,190 ,170 ,150
May
Sep
Mar
Nov
Aug
Jan
Apr
Jun
Jul
2010 2013 2011
18 April 2013
2011 Avg 2007-2009 2012
2012 2010 2013
15
Source: MS’ communications under Regs. 562/2005 and 479/2010
Dec
Feb
Oct
Monthly EU CHEDDAR Prices
,420 ,400 ,380 ,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 ,180
Sep Jan Mar Oct Jul Aug Jun May Nov Apr Dec Feb
Monthly EU EDAM Prices
Mar
May
Sep
Nov
Jan
Aug
,420 ,400 ,380 ,360 ,340 ,320 ,300 ,280 ,260 ,240 ,220 ,200 Avg 2007-2009
Dec
Apr
Jun
Jul
2010
2011
2010
2013
Avg 2007-2009
2010
2011
2012
2 013
Source: MS’ communications under Regs. 562/2005 and 479/2010
18 April 2013
Oct
Feb
16
Monthly EU WheyPowder Prices
,120 ,100 ,80 ,60 ,40 ,20
May Sep Mar Nov Aug Jan Apr Jun Jul Dec Feb Oct
2010
18 April 2013
2011
2012
2013
17
Source: MS’ communications under Regs. 562/2005 and 479/2010
USD/EUR
1.3129
18 April 2013
Source: European Central Bank
18
EU/US/Oceania Quotations of Butter
6 000
Avg Oceania Butter quotation
5 500 5 000 4 500
Prices in USD/tonne
Avg EU Butter internal Price Avg US Butter quotation
4 525 4 510 3 820
4 000 3 500 3 000 2 500 2 000 1 500 1 000
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Oct 06 Oct 07 Oct 08 Oct 09 Oct 10 Oct 11 Jul 12 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Oct 12 Apr 06 Apr 07 Apr 08 Apr 09 Apr 10 Apr 11 Apr 12 Jan 13
18 April 2013
19
EU/US/Oceania Quotations of SMP
6 000
Avg Oceania SMP quotation
5 500
Avg EU SMP internal Price
5 563
5 000 4 500
Avg US SMP quotation
Prices in USD/tonne
4 000 3 500 3 000 2 500 2 000 1 500
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
3 630 3 610
Oct 06
Oct 07
Oct 08
Oct 09
Oct 10
Oct 11
Jan 06 Apr 06
Jan 10 Apr 10
Jan 07
Jan 08
Jan 09
Jan 11
Jan 12
Oct 12
Apr 07
Apr 08
Apr 09
Apr 11
Apr 12
18 April 2013
Jan 13
Jul 06
Jul 07
Jul 08
Jul 09
Jul 10
Jul 11
Jul 12
1 000
20
EU/US/Oceania Quotations of WMP
6 000
Avg Oceania WMP quotation
5 500 5 000 4 500
Prices in USD/tonne
Avg EU WMP internal Price Avg US WMP quotation
5 500
4 000 3 500 3 000 2 500 2 000 1 500 1 000
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Oct 06 Oct 07 Oct 08 Oct 09 Oct 10 Oct 11 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Oct 12 Jul 06 Jul 07 Jul 08 Jul 09 Jul 10 Jul 11 Apr 06 Apr 07 Apr 08 Apr 09 Apr 10 Apr 11 Apr 12 Jul 12 Jan 13
4 260 4 060
18 April 2013
21
EU/US/Oceania Quotations of Cheddar
6 000
Avg OceaniaCheddar quotation
5 500 5 000 4 500
Avg EU Cheddar internal Price Avg US Cheddar quotation
4 400 4 300 3 990
Prices in USD/tonne
4 000 3 500 3 000 2 500 2 000 1 500
Jan 06
Source: MS’ communications under regs. 562/2005 and 479/2010 & USDA market news
Jul 06
Jul 07
Jul 08
Jul 09
Jul 10
Jul 11
Apr 06
Apr 07
Apr 08
Apr 09
Apr 10
Apr 11
Apr 12
Oct 06
Oct 07
Oct 08
Oct 09
Oct 10
Oct 11
Jul 12
Jan 07
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Oct 12
18 April 2013
Jan 13
1 000
22
BUTTER Exports
55 440
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 70 000 60 000 47 973 50 000 40 000 30 000
13 659 4 993 2012 6 404
15 924 7 410 8 310
20 000 10 000 0
Source: Eurostat Comext, Global Trade Information Service
18 April 2013 23
2013
BUTTEROIL Exports
35 494
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 44 748
50 000 45 000 40 000 35 000 30 000 25 000 20 000 15 000 10 000
3 253
1 162
417
3 405
2 134
271
5 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 24
SMP Exports
89 156 78 892 70 848
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 100 000 83 305 63 076 66 823 80 000 60 000 40 000
22 636
24 840 20 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 25
WMP Exports
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb ) 267 500 300 000 250 000 200 000 150 000
221 559
58 355 22 097 2 960
100 000 54 396 14 797 3 088 0 50 000
2012
2013
Source: Eurostat Comext, Global Trade Information Service
18 April 2013 26
CHEESES Exports
108 818
EU-27 (Jan - Feb) New Zealand (Jan-Feb ) Australia (Jan-Feb ) United States (Jan-Feb )
124 182
140 000 120 000 100 000 80 000
47 568 21 791
55 788 40 101 26 756 43 769
60 000 40 000 20 000 0
2012 2013 Source: Eurostat Comext, Global Trade Information Service
18 April 2013 27
EU Exports (1/2)
BUTTER exports
1000 Tonnes
193
1000 tonnes Total Exports
BUTTER exports
12
162
200 180 160 140 120 100 80 60 40 20 0 2006
10
114 121 114
2013
90 96
8 2012 6 4 2
2007
2008
2009
2010
2011
2012
0 jan feb mar apr may jun jul aug sep oct nov dec
1000 Tonnes
SMP exports
518 523
1000 tonnes
SMP exports
60
600 500 400
203
Total Exports
379
50 40 2013 2012 30 20 10
100 0 2006 2007 2008 2009 2010 2011 2012 jan feb mar apr may jun jul aug sep oct nov dec
89
200
179
300
231
0
18 April 2013
28
EU Exports (2/2)
1000 Tonnes
WMP exports
Total Exports
460 447 390 387
1000 tonnes
WMP exports
50 45 40 2012 35 30 25 20 15 10 5 0
400 300 200 100 0 2006
367
500
438
485
600
2013
2007
2008
2009
2010
2011
2012
jan
feb
mar
apr
may
jun
jul
aug
sep
oct
nov
dec
1000 Tonnes 800 700 600 500 400 300 200 100 0 2006 2007 2008 584 596
CHEESE exports
776 676 555 578 682
1000 tonnes
CHEESE exports
90 80
2013
2012
70 60 50 40 30 20 10
2009
2010
2011
2012
0 jan feb mar apr may jun jul aug sep oct nov dec
18 April 2013
29
BUTTER Imports
EU-27 (Jan - Feb) United States (Jan-Feb ) Russia (Jan-Feb ) China (Jan-Feb ) Mexico (Jan-Jan )
16 000 14 000 12 000
13 721
9 657 8 569 5 360 2 980 714 2012
18 April 2013
10 000 6 201 8 000 6 000 4 000 1 402 159 2013
30
136
2 000 0
BUTTEROIL Imports
5 448
EU-27 (Jan - Feb) United States (Jan-Feb ) Mexico (Jan-Jan ) China (Jan-Feb ) Russia (Jan-Feb )
5 225 3 820
6 000 5 000 4 000
2 618 1 517 738 1 826 1 292 2 053
3 000 2 000 1 000 0
1 030
2012
18 April 2013
2013
31
SMP Imports
42 222
EU-27 (Jan - Feb) Russia (Jan-Feb ) China (Jan-Feb ) Mexico (Jan-Jan ) Japan (Jan-Feb )
45 000 40 000 35 000
28 077
30 000 25 000
17 878
15 672
20 000 15 000
337
3 421
5 311 645
3 621
5 137
10 000 5 000 0
2012
2013
18 April 2013
32
WMP Imports
EU-27 (Jan - Feb) Mexico (Jan-Jan ) United States (Jan-Feb ) China (Jan-Feb ) Russia (Jan-Feb )
124 775
140 000 120 000
83 149
100 000 80 000 60 000 40 000
475
184
1 238
257
488
47
1 545
20 000 369 0
2012
18 April 2013
2013
33
CHEESES Imports
40 467 36 478
EU-27 (Jan - Feb) Russia (Jan-Feb ) Japan (Jan-Feb ) United States (Jan-Feb ) China (Jan-Feb )
45 411 36 946
50 000 45 000 40 000 35 000 30 000 25 000 20 000 15 000
20 693 13 768 5 462 12 954
20 861
6 618
10 000 5 000 0
2012
18 April 2013
2013
34
Main Dairy Importers
Russia
1000 Tonnes 125 100 75 50 25 0 101 67 75 50 67 66 60 1000 tonnes
(Butter)
10 9 8 2012 7 6 5 4 3 2 1 0
Jan-Feb 2013 compared to 2012 : + 60.1%
2013
Up to Nov 2010
2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Egypt
1000 Tonnes 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan 32 34 31 70 37
1000 tonnes 6 2013 : n/a 5 2011 4 3 2 1 0 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2012
18 April 2013
35
Main Dairy Importers
Mexico
1000 Tonnes 175 150 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar 111 121 152 165 155 194 236 2013
(S.M.P.)
1000 tonnes 30 25 20 2012 15 10 5 0 Apr May Jun Jul Aug Sep Oct Nov Dec
China
1000 Tonnes 175 150 125 100 75 50 25 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 62 40 55 70 89 130 168 2013
1000 tonnes
Jan-Feb 2013 compared to 2012 : - 34%
25 20 15
2012 10 5 0 Oct Nov Dec
18 April 2013
36
Main Dairy Importers
China
1000 Tonnes 350 300 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar 73 58 46 177 326 320 406 2013
(W.M.P.)
1000 tonnes 80 70 60 50 40 30 20 10 0 Apr May Jun Jul Aug Sep Oct Nov Dec
Jan-Feb 2013 compared to 2012 : + 50%
2012
Algeria
1000 Tonnes 350 300 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 47 1 144 240 149 69 76 2013 : n/a
1000 tonnes 60 50 40 30 2012 20 10 0 Oct Nov Dec
18 April 2013
37
Main Dairy Importers
Russia
1000 Tonnes
(Cheese
– 1/2)
1000 tonnes
Jan-Feb 2013 compared to 2012 : + 12%
2013
2012
35 30
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 218 234 248 229 294 296 316
25 20 15 10 5 0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Japan
1000 Tonnes
1000 tonnes
Jan-Feb 2013 compared to 2012 : + 1%
2012
35 30
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 207 225 187 184 199 215 2013 235
25 20 15 10 5 0
Oct
Nov
Dec
18 April 2013
38
Main Dairy Importers
(Cheese
– 2/2)
United States
1000 Tonnes
1000 tonnes 25
Jan-Feb 2013 compared to 2012 : + 1%
250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 205 200 171 162 138 143 154 5 0 2013 10 2012 20 15
Mexico
1000 Tonnes 250 200 150 100 50 0 2006 2007 2008 2009 2010 2011 2012 Jan Feb Mar Apr May Jun Jul Aug Sep 79 86 68 73 80 78 89 2013
1000 tonnes 20
Jan-Jan 2013 compared to 2012 : + 34%
15
10 2012 5
0 Oct Nov Dec
18 April 2013
39
Adjusted U.S. milk production
(months of constant length)
8 200 8 000 7 800 7 600 7 400 7 200 7 000 6 800
Jan-Feb 2013 compared to 2012 : - 1.4% (real monthly production)
6 600
Jan
Jun
May
Mar
Jul
Nov
2009
2010
2011
2012
2013
Source:USDA 18 April 2013
Dec
Aug
Sep
Feb
Oct
Apr
in tonnes
.
40
Australian milk production
1,200 Jul-Feb 2012/13 compared to 2011/12 : - 1.2% 1,100 1,000 ,900 ,800 ,700 ,600 ,500
Nov
Jan
May
Aug
Dec
Mar
Feb
Apr
Oct
Sep
2009/10
2010/11
2011/12
2012/13
Source: Dairy Australia 41
18 April 2013
Jun
Jul
in tonnes
.
NZ milk production
3 500 Jun-Jan 2012/2013 compared to 2011/12 : + 4.8% 3 000 2 500 2 000 1 500 1 000 500 0
Jan
2008/09
2009/10
2010/11
2011/12
2012/2013
18 April 2013
Source: DCANZ - Fonterra 42
May
Aug
Nov
Mar
Sep
Dec
Jun
Feb
Apr
Oct
Jul
in tonnes
.
Monthly indicator of Argentina Milk Production
800.0
Jan-Feb 2013 compared to 2012 : - 12.3% (real monthly
750.0 700.0 650.0 600.0 550.0 500.0 450.0 400.0 350.0 300.0
Jan
Jun
May
Mar
Jul
Nov
2009
2010
2011
2012
2013
Source:Alimentos argentinos Based on an enquiry covering 65 % of total production
18 April 2013 43
Dec
Feb
Aug
Sep
Apr
Oct
in thousand tonnes
.
Results of the GDT Auction of 16.04.2013
Prices in US$/t AMF Butter BMP Cheeses MPC70 Rennet Casein Lactose SMP WMP 16/04/2013
May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Weighted average price
% change by contract from previous auction
% change May-13 Jun-13 + 5.7% + 6.7% - 13.3% + 2.8% + 6.0% - 7.5% + 2.9%
+ 7.3% + 5.9% + 5.8% + 1.3% + 7.4% - 4.4%
Jul-13
+ 6.2% + 8.0%
Aug-13 Sep-13 Oct-13
+ 8.8% + 7.4% + 5.4% + 2.4%
Nov-13
Dec-13
n.a. n.a. n.a. n.a. n.a. n.a. n.a. 4 174 n.a.
5 024 4 640 4 655 4 667 n.a. 10 060 n.a. 4 670 6 283 1€=
5 087 4 780 n.a. 4 953 n.a. n.a. n.a. 5 531 6 052
5 114 5 000 n.a. n.a. n.a. n.a. n.a. 5 141 6 048
4 732 n.a. n.a. n.a. n.a. n.a. n.a. 4 894 4 877
4 609 n.a. n.a. n.a. n.a. n.a. n.a. 4 894 4 838
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
4 964 4 721 3 982 4 753 n.a. 10 060 n.a. 4 757 5 245
+ 6.0%
- 2.2% + 4.7%
- 8.2% + 1.8%
- 7.6% - 13.0% - 1.2% + 1.7%
- 11.6% + 4.7%
1.3129 $ (ECB rate)
Weighted average price
in €/t AMF Butter BMP Cheese MPC70 Rennet Casein Lactose SMP WMP
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
3 826 3 875 3 895 3 605 3 510 #VALUE! 3 534 3 641 3 808 3 546 3 555 3 773 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! 7 662 #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! 3 179 3 557 4 786 4 213 4 610 3 915 4 607 3 728 3 715
#VALUE!
#VALUE! #VALUE! #VALUE!
3 728 #VALUE! #VALUE! 3 685 #VALUE! #VALUE!
3 781 3 596 3 033 3 621 ####### 7 662 7 227 3 623 3 995
Source : http://www.globaldairytrade.info/
18 April 2013
44
You May Also Find These Documents Helpful
-
Note: the analysis #1 a) and b) will only be demonstrated on the graphs of trial 1 for this report, trial 2-5 have approximately the same results.…
- 508 Words
- 3 Pages
Satisfactory Essays -
Response | |1 |3.86 |-0.0140 |-0.0512 |-0.198 |- |0.0240 |0.00704 |0.0272 |- | |2 |7.72 |0.0210 |0.0768 |0.296 |- |0.0370 |0.0109 |0.0421 |- | |3 |11.6 |0.0610 |0.223 |0.861 |- |0.0300 |0.00880 |0.0340 |- | |4 |15.4 |0.0280 |0.102 |0.394 |- |0.314 |0.0921 |0.356 |+ | |5 |19.3 |-0.0610 |-0.223 |-0.861 |- |0.0800 |0.0235 |0.0907 |- | |6 |23.2 |0.0470 |0.172 |0.664 |+ |0.0480 |0.0141 |0.0544 |- | |7 |27.0 |0.459 |1.68 |6.48 |+ |0.000 |0.000 |0.000 |- | |8 |30.9 |0.727 |2.66 |10.3 |+ |0.0240 |0.00704 |0.0272 |- | |9…
- 1380 Words
- 6 Pages
Good Essays -
From my table of values above, it is clear that the change of sign from negative…
- 2430 Words
- 10 Pages
Powerful Essays -
Rev –5 * Expend and write the following :- 1. 975: ……………….. +………………… +……………….. . 2. 537: ………………..…
- 868 Words
- 4 Pages
Satisfactory Essays -
Average material cost per unit = (33*0.04) + (35*0.05) + (38*0.12) + (39*0.79) = $38.44…
- 256 Words
- 2 Pages
Satisfactory Essays -
-28.5 |0.4 |5.2 |0.05 |-70.5 |0.2 |2.6 |0.03 | |-0.9 |0.7 |4.5 |0.05 |-35.2 |0.7 |14.5 |0.15 | |3.2 |0.5 |5.6 |0.06 |-15.3 |0.4 |17.1 |0.17 | |25.1 |0.05 |4.6 |0.05 |26 |0.05 |35.2 |0.35 | |…
- 521 Words
- 3 Pages
Good Essays -
0.21182 × 0.004389 + 0.78822 × 0.00594 − 2 × 0.2118 × 0.7882 × 0.00099…
- 1969 Words
- 14 Pages
Satisfactory Essays -
0.1% 1.3% 2.0% 2.7% 3.3% 4.0% 4.7% 5.3% 6.0% 6.7% 7.3% 8.0% 8.7% 9.3% 10.0% 10.7% 11.3% 12.0% 12.7% 13.3% 14.0% 14.7% 15.3% 16.0% 16.7% 17.3% 18.0% 18.7% 19.3% 20.0% 20.7% 21.3% 22.0% 22.7% 23.3% 24.0% 24.7% 25.3% 26.0%…
- 4596 Words
- 19 Pages
Powerful Essays -
1.1, 1.2, 2.1, 2.2, 2.3, 2.4, 2.5, 3.1, 3.3, 5.1, 5.2, 5.4, 4.1, 4.2, 4.3, 6.1.…
- 3443 Words
- 18 Pages
Powerful Essays -
[0.05(-$70 - $3)² + 0.20($25 - $3)² + 0.50($12 - $3)² + 0.20($20 - $3)² + 0.05($30 - $3)²]…
- 271 Words
- 3 Pages
Satisfactory Essays -
1 6. 1 7. 1 8. 1 9. 1 10. 2 11. 2 12. 2 13.…
- 2040 Words
- 9 Pages
Satisfactory Essays -
6.491734208 0.406954944 15.95197283 1.9191E-09 5.605055556 7.37841286 -0.230819585 0.225911618 -1.02172517 0.32706805 -0.723038717 0.261399546 -0.079487932 0.245035965 -0.32439292 0.75122539 -0.613375435 0.454399572 -0.334160731 0.072235874 -4.62596644 0.00058415 -0.491549181 -0.176772281…
- 957 Words
- 4 Pages
Satisfactory Essays -
Per 100 g powd (Regular) Milk protein 10.5 g, carbohydrates 71.7 g, oligosaccharide mixture (GOS, lcFOS) 5 g, fat 11.3 g, monounsaturated fatty acid 2.8 g, polyunsaturated fatty acids 0.4 g, DHA 66.7 mg, arachidonic acid 8.9 mg, α-linolenic acid (omega-3) 69 mg, linoleic acid (omega-6) 168 mg, saturated fatty acids 7.9 g, trans fatty acids 0.1 g, mineral (ash) 3.5 g, moisture 3 g, sialic acid 75 mg, taurine 50 mg, vit A 880 IU, vit D3 125 IU, vit E 4.7 IU, vit B1 740 mcg, vit B2 615 mcg, niacin 3.7 mg, vit B6 360 mcg, folic acid 120 mcg, vit B12 0.9 mcg, vit C 60 mg, Ca 355 mg, Mg 45 mg, Fe 5.5 mg, Zn 2.7 mg, iodine 50 mcg. Energy: 421 kCal.…
- 386 Words
- 2 Pages
Good Essays -
Yogurt is a sour milk product. Its sour taste is attributed to the presence of lactic acid yielded by bacteria through fermentation. Bacteria that are commonly used in yoghurt production are Streptococcus thermophilus and Lactobacillus bulgaricus. These bacteria have the ability to break down sugars in the milk producing lactate or lactic acid as by-product.…
- 353 Words
- 2 Pages
Satisfactory Essays