Foodcom Experts

Another week of summer vacation brings low activity to dairy markets around the world. Uncertainty revolves regarding the debate over gas supplies from Russia, which are used to heat and dry dairy products into powdered commodities.

Read our newly published summary of the plant-based market to find out what happened in the last months. With us, you’ll never miss a thing!

Wildfires in Southern Europe, that are raging in Portugal, Spain, France, and Croatia, are burning houses and threatening livelihoods. Most of the continent is hit by a heatwave that pushes temperatures into the mid-40 degree mark in numerous locations. For some this is the second heatwave in a few months. Regional authorities in the Salamanca province, in Spain, said more than 4,000 hectares of land were burned.

A recent survey, from Arla Foods, showed that milk production decreased by 3% among 541 farm owners due to a shortage of labor. This is currently one of the biggest problems facing many farmers. Many declare that they will leave the profession if the labor shortage continues.

Sugars are organic compounds found mainly in plants and are characterized by their sweet taste. There are four basic categories of Sugars: monosaccharides, disaccharides, oligosaccharides and polysaccharides.

The market situation in Europe remains challenging. According to the Food and Agricultural Organization (FAO) report, farmers in Ukraine have planted 20% fewer spring crops than they did a year earlier due to the ongoing war. For now, up to a quarter of agricultural producers in Ukraine do not have access to necessary inputs and cannot get fuel for their machinery.

Quite stable and calm market for dairy products this week. With firm milk prices and warmer weather in Europe, it is hard to make a strong forecast.

Steady market for Methionine and Threonine. Read more to find out about latest updates in the additives industry!

The latest GDT showed an increase from previous events, indicating a tight situation and buyers slowly returning to the market in an attempt to take advantage of some lower prices.

Read our newly released report on the EU dairy trade from the Q1 of 2022.

Another busy week is behind us, full of new shifts in the industry. Looking at market forecasts, it’s not good to come to far-reaching conclusions, but we surely see slight seasonal weakness.

The uncertainties surrounding the international demand and affordability of dairy powders, such as SMP and WMP, are worrying European market participants. Both buyers and sellers have reached an impasse as neither is eager to commit to significant volumes of butter and cheese.