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The European Commission's Milk Market Observatory reported EU average dairy benchmarks, with butter at 403 EUR/100kg, skimmed milk powder at 354, whole milk powder at 385 and whey powder at 185. Year-on-year, butter and whole milk powder rose sharply while skimmed milk powder fell 27%.
Diverging powder prices point to firm fat and whole-milk demand but weaker SMP, which affects protein-based feed ingredients and dairy-derived feed costs. Whey at 185 EUR is a relevant input for feed formulators.
indexbox.ioNov 12, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
