# The Latest IFA Dairy Market Report - Irish Farmers' Association

> EU SMP prices have been below €2000/t since June 2017 and below €1500/t since November, then stabilised near €1300/t and recovered to €1380/t by 29 April 2018. Spot quotes reached €1420/t on 2 May, and intervention stock sold at higher prices for the first time in 17 months.

- Date: 2018-05-03 · published 2018-05-03T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/65019-the-latest-ifa-dairy-market-report-irish-farmers-association
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Firmer SMP prices and falling EU intervention stocks suggest the dairy price slump may be bottoming, supporting milk and dairy protein values for feed buyers.

## Read by commodity

- MILK: bullish ▲

## Sources

- ifa.ie: https://www.ifa.ie/markets-and-prices/the-latest-ifa-dairy-market-report/

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