Intelligence›Global Indicators›FAO Dairy Price Index

OFFICIAL FAO INDICATOR

FOOD · MONTHLY

FAO Dairy Price Index

index (2014-2016=100) · Base: 2014-2016 = 100 · Food and Agriculture Organization of the United Nations ↗

ANIMSTOK MARKET SUMMARY

Rule-based analysis · Based on 638 published observations

Medium Confidence

The FAO Dairy Price Index held broadly stable in July 2026, rising 0.0% month-on-month. The index is broadly in line with last year's level, having fallen 3.9% over the past year. At 116.2, it stands 16% above its 2014–2016 base period.

Source: Food and Agriculture Organization of the United Nations (official)·Latest: July 2026·Calculation: deterministic rule-based prose, not AI-generated

CURRENT VALUE

116.2

index (2014-2016=100) · July 2026

MONTH-ON-MONTH

0.0%

vs previous month

YEAR-ON-YEAR

-3.9%

vs same month last year

HISTORICAL CHART

638 observations · Jan 1990 – Jul 2026

Dashed line = 2014–2016 base period (100). Data source: Food and Agriculture Organization of the United Nations (official).

OBSERVED MARKET PATTERN

Statistical patterns from published observations only — no event or trade evidence

Tracking 16.2% above the 2014–2016 base period of 100
12-month direction: downward trend (−3.9% year-on-year)
3-month momentum: sideways movement over the past quarter
Price volatility: low (12-month coefficient of variation: 1.4%)

WHY THIS MATTERS

Dairy Manufacturers

Milk powder, butter, and whey input costs for packaged food producers are closely correlated with this index.

Retail Chains

Shelf pricing pressure on imported cheese, ghee, and dairy products tracks this benchmark with a 1–3 month lag.

HoReCa

Beverage and dessert categories in high-volume kitchens are exposed when dairy prices trend upward.

Exporters

International dairy benchmarks shape pricing expectations for Indian dairy export negotiations.

POTENTIALLY RELEVANT COMPANIES

Companies in AnimStok's intelligence coverage in the Food sector. Exposure is not confirmed — conduct your own due diligence.

This list is derived from AnimStok's intelligence coverage and does not imply that these companies are directly affected by this indicator. No investment or commercial advice is implied.

WHAT TO WATCH

Monitoring variables — not procurement recommendations

1Global Dairy Trade (GDT) fortnightly auction results — a leading indicator for the FAO Dairy index

2EU Monthly Milk Production Report (released ~5th of each month)

3India ex-farm milk prices: seasonal pattern — flush season April–June, peak demand October–November

4China import volumes for whole milk powder and skimmed milk powder (China is the swing buyer)

5New Zealand drying season calendar — April to September is the primary southern-hemisphere production window

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Market Events

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Company Intelligence

12 companies

Revenue, capacity, and segment data for global meat, poultry, dairy, and seafood producers

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Intelligence Sources

All 44 global sources tracked by AnimStok — FAO, USDA, AHDB, MLA, GDT, and more

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EVIDENCE & METHODOLOGY

PublisherFood and Agriculture Organization of the United Nations

FrequencyMonthly (released ~6th of each month)

Base period2014-2016 = 100

Observations638 published observations · Jan 1990 – Jul 2026

Summary methodDeterministic rule-based prose computed from real observations — no language model involved

Confidence logicFreshness (days since latest) + historical depth + corroborating datasets (0 linked) + FAO source quality

Official sourcehttps://www.fao.org ↗

MethodologyFAO methodology notes ↗

ATTRIBUTION

Food and Agriculture Organization of the United Nations. 2026. FAO Dairy Price Index. Accessed September 8, 2026. https://www.fao.org. Licence: https://www.fao.org/contact-us/terms/en/. AnimStok does not claim Food and Agriculture Organization of the United Nations endorsement. The AnimStok Market Summary is rule-based analysis, not Food and Agriculture Organization of the United Nations content.