Milk Predict

Global Benchmarks

The Commodity Milk Value (CMV) approach to valuing the milk equivalent value of commodity prices can be used to compare market conditions across major exporting regions. Variations in prices paid across regions arise from differences in product mix, conversion costs, competition for milk supply and currencies.

In the case of the United States, it uses a regulated, domestically-focused milk pricing system that often results in farmgate price trends that are somewhat divorced from the rest of the global dairy market

 

Commodity Milk Value-US , EU and NZ(US$/KG)

This compares recent historical commodity milk values in major exporting dairy producers based on spot commodity prices for butter, SMP, WMP and cheese drawn from each wholesale market.

The calculation is based on an appropriate product mix in each case.

Forward Milk Values(US c/Kg)

This compares projected commodity milk values in the major exporting dairy producers as shown in the chart based on latest weekly futures prices for butter, SMP, WMP and cheese (as appropriate in each case). These are drawn from the CME (for US), NZX (New Zealand) and the EEX (EU).

The calculation is made on the same basis described above.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Milk and dairy news

Milk wars: Nandini all set to invade Delhi NCR

November 21 Delhi’s beloved Mother Dairy, which fights for shelf space with Amul and a few private brands, is set to face more competition. Nandini, the milk brand

Scroll to Top

Please fill out the below and we will get back to you as soon as possible.

× How can I help you?