# Dairy markets: milk prices on the rise in Europe - 30 May 2018 Premium

> FrieslandCampina raised its June milk price by 0.25c/kg to 34.25c/kg, and Arla raised its price by 1c/kg. Spot dairy prices across Europe rose, with butter above €6,000/t and cheese and powders firmer. The moves followed the EU sale of about 42,000t of skimmed milk powder from intervention.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/9763-dairy-markets-milk-prices-on-the-rise-in-europe-30-may-2018-premium
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Higher European farmgate prices and tight spot supplies indicate firming global dairy markets, though these are regional price moves.

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| MILK | 2018-05-30 | 1 | +2.6% | 3.6 | Higher European milk prices from FrieslandCampina and Arla, with firmer spot butter, cheese and powders, point to global dairy price strength that can pull US Class III higher. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2023-11-28 | [Make allowances and milk prices \| Dairy Processing](https://feedsoft.ai/events/6754-make-allowances-and-milk-prices-dairy-processing.md) | -5.8% | -6.1% |
| MILK | 2021-04-06 | [Dairy group wants inclusive discussions on milk pricing \| Capital Press](https://feedsoft.ai/events/47766-dairy-group-wants-inclusive-discussions-on-milk-pricing-capital-press.md) | +1.5% | +0.2% |
| MILK | 2024-11-14 | [USDA Agricultural Service Releases Federal Milk Marketing Order Decision - Dairy Producer](https://feedsoft.ai/events/27406-usda-agricultural-service-releases-federal-milk-marketing-order-decision-dairy.md) | -0.3% | -6.0% |
| MILK | 2016-06-01 | [Dairy product prices rise at latest Global Dairy Trade auction - Agriland.ie](https://feedsoft.ai/events/7545-dairy-product-prices-rise-at-latest-global-dairy-trade-auction-agriland-ie.md) | +2.6% | +3.4% |
| MILK | 2020-08-13 | [Manage Risk During Milk's Wild Price Ride - EDairy News English](https://feedsoft.ai/events/51775-manage-risk-during-milk-s-wild-price-ride-edairy-news-english.md) | +1.6% | -15.4% |

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/dairy/markets/dairy-markets-milk-prices-on-the-rise-in-europe-375746

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