# Rabobank: Milk price stable • De Molenaar

> Rabobank reports EU milk production fell 1.1% in Q1 2017, and European milk prices held steady through the first half. Butterfat prices have risen to record premiums over skim milk powder, with butter above 4,900 euros per tonne. Skim milk powder recovered about 15% from a year earlier.

- Date: 2017-06-26 · published 2017-06-26T12:00:00.000Z
- Category: market · region EU · magnitude low
- Page: https://feedsoft.ai/events/70510-rabobank-milk-price-stable-de-molenaar
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A strong butterfat premium and firmer skim powder prices reflect tight EU supply and demand for fats. This keeps European dairy prices supported, though the impact on US feed markets is limited.

## Read by commodity

- MILK: neutral

## Sources

- demolenaar.nl: https://www.demolenaar.nl/en/news/Rabobank-milk-price-stable/18948/

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