Friday, April 26, 2024

Average EU milk price down 2.6% in May

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The European Commission’s Milk Market Observatory has updated its milk price report for the EU and the world.
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EU average farmgate milk price in May was down to 30.5c/kg.

This price is 2.6% lower than in previous month, and 8% lower than the average of preceding 5 years.

The biggest price decrease has been observed in the three Baltic countries, followed by Hungary, Belgium and Bulgaria.

Milk price in May 2015, compared to the 5-year average, has been higher in Cyprus, the United Kingdom and Greece.

The gap between the highest EU price (Cyprus) and the lowest (Lithuania) is close to 34c/kg, while one year ago it was 28 c/kg.

See the full data here

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