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EU dairy wholesale prices: Powders still in oversupply

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Staff Writer | May 5, 2017
EU dairy
Dairy   Cheese prices dropped

EU wholesale markets weakened in April for most products, with the exception of butter and whey powder.

Cheese prices dropped compared to the previous month for all reported varieties, with Cheddar and Edam showing the largest fall in average price.

Powders however are still in oversupply, with no sales of intervention stocks yet again at the latest tender. As such, prices are struggling to rise much above the intervention price of €1,698/tonne.

Demand for cheese and butter is reported to have remained strong however, supporting wholesale prices despite improved milk availability.

Milk production in the EU has been rising seasonally, although the return of cold weather in Germany has impacted on their deliveries in the second half of April.

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