# Lower EU milk supplies tightens availability | AHDB

> AHDB reports EU wholesale dairy prices diverged, with SMP and WMP rising over the year, cheese steady and butter declining. Tight EU skim milk powder supplies followed lower production and a 28 percent rise in exports. Butter availability grew about 2 percent over the 12 months to September, mainly held in stocks, as food manufacturers shifted away from butter.

- Date: 2019-12-04 · published 2019-12-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55583-lower-eu-milk-supplies-tightens-availability-ahdb
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Tight EU SMP supply supports higher skim-based dairy prices, while rising butter availability pressures butter values lower, a mixed signal for dairy-based feed ingredients.

## Read by commodity

- MILK: neutral

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/lower-eu-milk-supplies-tightens-availability

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