# Milk prices give glimmer of hope

> Milk prices are showing early signs of recovery after nearly two years of low prices. Meadow Foods raised its A price for July and August to 19 ppl, and Glanbia added 0.5 ppl for July. Butter prices have risen as buyers held lower-than-expected stocks, and EU milk production has slowed.

- Date: 2016-06-28 · published 2016-06-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/4212-milk-prices-give-glimmer-of-hope
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Slowing EU output and tighter butter stocks support higher farmgate and commodity milk prices. Analysts caution that the rebound may be fragile.

## Read by commodity

- MILK: bullish ▲

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/milk-prices-give-glimmer-of-hope/

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