European Dairy Markets Gain Firmness as Milk Powder Leads Recovery

European dairy markets have shown greater firmness since the middle of July, according to the source.

Skimmed milk powder has led the recovery among the products mentioned. The source identifies it as the main contributor to the recent improvement in market conditions.

Milk deliveries in Germany and France have become less dynamic. The source links the two countries’ slower delivery growth with the current market situation.

The change in deliveries could provide additional support for prices at the farm gate. The source describes this as a potential source of greater price support rather than as a confirmed price movement.

The information concerns European dairy markets and focuses on the relationship between milk powder, milk supply and price prospects. No specific prices, volumes or timetable beyond the change observed since mid-July were provided.