뉴질랜드 유제품 인사이트

The impact of bluetongue virus on milk supply production is diminishing and other factors (derogation) appear to have more influence.

In Hungary, the national average producer price of raw milk was 192.17 forints/kilogram in November 2024. With an improvement in fat content of 0.11 percentage points and protein content of 0.04 percentage points, and a 4 percent increase in the base price, the average price of raw milk increased by 5 percent in November this year compared to October, and exceeded the average price of the same month of the previous year by 20 percent. In our country, raw milk deliveries also decreased in November, by about 12 percent. As for other countries, the producer price of raw milk, expressed in national currency, increased by 31 percent in New Zealand in October 2024, and by 17 percent in the USA and the European Union in comparison to a year earlier.

The average value of the FAO Dairy Price Index in October was 139.1 points, which is 2.5 points (+1.9%) higher than the September figure and 24.5 points (+21.4%) higher compared to October 2023 (Chart 1). World cheese prices increased the most due to limited supply, especially in EU member states, where there is a seasonal decline in milk production. World butter prices also increased, due to high demand and a seasonal decline in milk production in Europe. Prices for powdered milk decreased due to a seasonal increase in milk production in Oceania and sluggish world import demand. Figure 1. FAO Dairy Price Index Source: AVM study based on FAO data. According to clal.it, in January-September, milk production in the EU increased by 0.4% compared to the same period last year and amounted to 111.11 million tonnes (Figure 2). This year, the countries of Central and Eastern Europe have been hit by the