Dairy Digits is a monthly report on the latest key market indicators in respect of unprocessed milk and dairy products, and other dairy market indicators. The purpose of this report is to timeously supply industry and other interested parties with dairy market signals.
While the information used to compile this report is obtained from reliable sources, Milk SA and other contributors cannot take responsibility for the accuracy of the information relayed here and indemnifies itself against any possible action that may arise based on this information.
TABLE 1: Key market indicators.
SOURCES: 1 Milk SA returns, 2 SARS statistics supplied by SAMPRO, 3 Stats SA PPI Index, 4 Department of Agriculture price index of farm requisites , 5 SARS statistics supplied by Agri Inspec.
FIGURE 1: International dairy product prices (free on board), January 2015 to January 2025.
Source: USDA price surveys, exchange rate South African Reserve Bank middle rates, last month – average costing of daily closing values.
FIGURE 2: Monthly unprocessed milk purchase trends, January 2021 to December 2024.
*Last two months’ preliminary sample survey. *Feb 2024 = 29 days. Source: Milk SA statistics. Note that each
year’s figures are assessed, reviewed, and finalised by 31 March of the ensuing year.
FIGURE 3: Monthly cumulative net imports, milk equivalent, January 2020 to November 2024.
Source: MPO calculation from SARS data supplied by SAMPRO.
FIGURE 4: PPI indices of unprocessed milk and dairy products, and the CPI of milk, cheese, and eggs, January 2014 to December 2024.
Source: Stats SA PPI and CPI information (www.statssa.gov.za)
