Hassad AI 4HF

Skim Milk Powder (US PPI Proxy)

Skim-milk price index (BLS PPI: Fat Free / Skim Milk) used as a live proxy for skim milk powder input costs. CME SMP futures have no free public API; this PPI tracks the same directional movement.

ProteinLIVE

Price & Forecast

FRED / BLS PPI (skim milk proxy) · Index· as of Aug 2026

$376.83-5.8%

HistoricalForecastConfidence band

What drives this price

EU & US milk output
Intervention stock levels (EU)
Demand from recombined dairy markets (MENA, SE Asia)
Feed and energy costs

Related analysis

Protein LIVE · FRED Market Data·Aug 1

SMP (Proxy) fell sharply — -5.8% to 376.8

Skim Milk Powder (US PPI Proxy) fell sharply to 376.8 (-5.8% month-over-month), easing cost pressure on Baladna. Source: BLS PPI: Fat Free / Skim Milk (proxy for skim milk powder).

ImpactsBaladna

Key stats

SourceFRED / BLS PPI (skim milk proxy)

UnitIndex

CategoryProtein · Dairy

2Y change+45.3%

52-week range360 – 410

3M forecast · Auto-ARIMA + Sentiment + Calendar+4.7%

Data source

ProviderFRED (St. Louis Fed)

SeriesBLS PPI: Fat Free / Skim Milk (proxy for skim milk powder)

FrequencyMonthly (BLS PPI, 1982=100)

Last dataAug 2026

PublishedOct 2026

RefreshOn page reload

FetchedOct 11, 12:36 PM

View source

What this prices

Portfolio companies & products this benchmark drives.

Baladna

Dairy · Qatar

CheeseUHT / Long-Life Milk (Awafi)

Methodology

BLS Producer Price Index for Fat Free / Skim Milk (series WPU02310303, 1982=100), sourced via FRED. Live monthly proxy for skim milk powder.