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Skim Milk Powder (SMP), International Market - Western Europe

This page contains the wholesale prices for Skimmed Milk Powder (SMP, 1.25% butterfat) produced in Europe and recorded by the USDA.

This Area is referred to as the "International dairy market - Europe" and is a combination of countries as listed below:
Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom.

Prices are recorded fortnightly.

The prices recorded over the most recent period are listed in the table, while the graph below illustrates price trends over the past three years in € and in local currency Furthermore, time series are available for monthly average prices of last nine years.

The graph below compares the prices for Skimmed Milk Powder in the Western Europe market - International Market (source USDA) with the prices for Skimmed Milk Powder in Germany, over a given period.
 
Western Europe - International Market
Fortnightly prices of
Skim Milk Powder (SMP)
1.25% butterfat
US $ per ton € per ton
min / max ± on prev. price min / max ± on prev. price
Friday 16 Feb 2024
2.575 / 2.825 -1,37% 2.391 / 2.624 -0,32%
Friday 2 Feb 2024
2.600 / 2.875 -2,23% 2.389 / 2.642 -2,20%
Friday 19 Jan 2024
2.675 / 2.925 -3,45% 2.457 / 2.687 -3,15%
Friday 5 Jan 2024
2.775 / 3.025 +0,87% 2.541 / 2.770 +1,81%
Friday 22 Dec 2023
2.725 / 3.025 -1,29% 2.472 / 2.744 -3,54%
Friday 8 Dec 2023
2.750 / 3.075 +1,30% 2.553 / 2.855 +2,67%
Friday 24 Nov 2023
2.700 / 3.050 +2,22% 2.473 / 2.794 +0,04%
Friday 10 Nov 2023
2.700 / 2.925 +1,81% 2.527 / 2.738 +0,45%
Friday 27 Oct 2023
2.650 / 2.875 +5,24% 2.514 / 2.728 +5,08%
Friday 13 Oct 2023
2.500 / 2.750 +6,60% 2.376 / 2.613 +7,31%
n.q.: not quoted price
Source: USDA
Informative note
NOTE: The conversion US $ / € for each quotation is calculated using the exchange rate of the previous day.

Prices are U.S. $/MT (Metric Ton= 2,204.6 pounds) F.O.B. port. Information gathered for this report is from trades, offers to sell, and secondary data.
USD
€/ton WESTERN EUROPE
Skim Milk Powder, 1.25% butterfat
GERMANY
Skimmed Milk Powder
(Magermilchpulver
ADPI-Extra)

2016 2017 2018 2019 2020 2021 2022 2023 2024 % on prev. month % on 2023 2024 % on prev. month % on 2023
January 1.626 2.114 1.363 1.803 2.604 2.269 3.439 2.803 2.614 -1,60% -6,75% 2.576 -4,71% -4,90%
February 1.576 2.019 1.369 1.961 2.601 2.373 3.616 2.557 2.511 -3,91% -1,76% 2.532 -1,72% -0,33%
March 1.554 1.814 1.320 1.965 2.265 2.471 3.909 2.581
April 1.522 1.749 1.353 1.943 1.687 2.537 4.228 2.382
May 1.580 1.829 1.483 2.033 1.667 2.607 4.124 2.432
June 1.694 2.020 1.599 2.059 1.696 2.648 4.123 2.487
July 1.771 1.820 1.568 2.088 2.164 2.540 4.011 2.397
August 1.809 1.804 1.571 2.127 2.112 2.508 3.826 2.309
September 1.963 1.694 1.656 2.207 2.236 2.579 3.797 2.267
October 2.083 1.546 1.588 2.340 2.199 2.715 3.599 2.558
November 2.070 1.508 1.594 2.481 2.158 3.057 3.137 2.633
December 2.093 1.438 1.688 2.557 2.167 3.310 2.974 2.656
Average* 1.778 1.780 1.513 2.130 2.130 2.634 3.732 2.505 2.563 2.554
Change (1) -2,18% +0,08% -15,00% +40,83% -0,03% +23,70% +41,65% -32,87% -4,37% -2,69%
* Arithmetic Average
1) change from the same period of previous year
  min price
  max price
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