Table 3

Descriptive statistics of dairy commodities prices, dollars per metric tonne

RegionMinMedianMeanMax
WMPUS2,4803,5523,5914,784
EU2,1973,2783,5065,189
Oceania1,7253,2003,3075,600
GDT1,8143,1623,2596,283
SMPUS1,4532,3252,6614,635
EU1,6252,3302,6814,545
Oceania1,5132,6252,8745,563
GDT1,3502,5542,8024,901
ButterUS3,0694,7534,6526,661
EU2,8554,6684,7027,713
Oceania2,5754,1134,1516,238
GDT2,3004,0154,0676,560
CheddarUS2,8733,6803,7835,319
EU2,8933,9214,0345,572
Oceania2,5503,8383,8375,263
GDT2,5143,5543,6335,261

Source(s): Own calculations on the base of GDT, USDA, EU Milk Market Observatory, Thomson Reuters data

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