# Approaches to the improvement of seen milk prices

> European spot milk prices recovered to 27.5 ct/kg in the Netherlands on June 26, 2016, well above the April/May low of 17 ct/kg. Italian spot prices reached 27.3 ct/kg, above the April low of 22 ct/kg. Rising prices for butter, milk powder and cheese, along with cuts to production in leading milk-producing countries, point to a recovery.

- Date: 2016-06-29 · published 2016-06-29T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/4214-approaches-to-the-improvement-of-seen-milk-prices
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Production cuts in leading milk-producing countries are reducing global milk supply, which supports higher milk prices. Rising spot and product prices confirm the trend.

## Read by commodity

- MILK: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/milk/news/market-report-approaches-improvement-seen-milk-prices-2016-06-29

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