# Record-high Dairy Prices But Milk Collection Marginally Down In EU - EDairy News English

> The EU's short-term outlook shows dairy prices at record levels, with butter near €7,300/t and SMP above €4,000/t in mid-June. EU milk collection is forecast to fall 0.6% in 2022, and butter exports are due to rise 2%. Raw milk prices were about 40% above the five-year average in May.

- Date: 2022-07-10 · published 2022-07-10T12:00:00.000Z
- Category: report · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/40494-record-high-dairy-prices-but-milk-collection-marginally-down-in-eu-edairy-news
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Falling EU milk collection alongside record butter and powder prices supports higher dairy prices and tighter export availability.

## Read by commodity

- MILK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2021-12-27 | [USDA Forecasts Lower Milk Production, Higher Prices - EDairy News English](https://feedsoft.ai/events/43588-usda-forecasts-lower-milk-production-higher-prices-edairy-news-english.md) | -0.1% | +10.1% |
| MILK | 2022-03-25 | [Milk Production Continues To Fall While Prices Climb - EDairy News English](https://feedsoft.ai/events/42281-milk-production-continues-to-fall-while-prices-climb-edairy-news-english.md) | +5.6% | +8.5% |
| MILK | 2021-05-18 | [Benchmark Milk Price Jumps $1.52 - EDairy News English](https://feedsoft.ai/events/47237-benchmark-milk-price-jumps-1-52-edairy-news-english.md) | +0.5% | -8.5% |
| MILK | 2021-04-07 | [Benchmark Price Up 40 Cents - EDairy News English](https://feedsoft.ai/events/47765-benchmark-price-up-40-cents-edairy-news-english.md) | +0.9% | +1.1% |
| MILK | 2019-04-25 | [2019 Could Be Year Of Recovery For Dairy Industry - EDairy News English](https://feedsoft.ai/events/59729-2019-could-be-year-of-recovery-for-dairy-industry-edairy-news-english.md) | +1.3% | +2.6% |

## Sources

- en.edairynews.com: https://en.edairynews.com/record-high-dairy-prices-but-milk-collection-marginally-down-in-eu/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
