IFCN: Milk price recovering

The world milk price has increased by 35% to a level of approximately US$30 or €27 per 100 kg milk since June 2016. This is according to the IFCN Monitoring. Also the European Commission is positive about milk market recovery. After 2 years of lows in milk pay-out, world production is finally decreasing. Latest projections confirm that currently world milk demand is growing faster than the supply in 2016 and 2017. Torsten Hemme, Managing Director of IFCN, commented at the recently held annual