We hope you are doing fine, even though the weather in many parts of Europe is extraordinary. It sure will have an impact on the dairy market.
Let’s see how it influenced dairy products last week!
Let’s get straight to business!
Continue reading to learn about this week’s market insights.
With us, you’ll never miss a thing!
Butter
There are not many buyers in today’s market, especially since they hear about lower prices every day. Even if there should be less milk on the market, Butter is under extreme pressure to be lower than the current level. On the other hand, the cost of production is not getting lower and when you receive an invoice from the cold store, you will not be satisfied.
Skimmed Milk Powder
Many producers see no point in liquidating their milk into powder at the current prices that they receive from buyers. We hear that some of the major producers have stopped their drying towers and switched to other products.
Gouda/Edam
Cheese prices have dropped a bit in the last week. They were a very popular product, but the popularity has waned slightly. It is still not easy to find the product with prompt shipping, but many customers see that they can secure the product at better prices in the long run.
Whey Protein Concentrate 80%
The hottest product in the Dairy category. The price has increased to 5,50-5,80 €/kg EXW in some countries. However, this kind of price rise at the same time causes resistance among buyers. We all have to remember that a few months ago this commodity was traded far above current prices.
Cream
The price of Cream remained stable in Central Europe but increased somewhat due to hot weather and higher consumption. Milk saw a price rise throughout Europe. For Skimmed Milk Concentrate, it is stable compared to previous weeks.
