Dorota Clapa

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.

The rather large Ukrainian market has contributed to a decrease in demand for goods from China. Imports have decreased by about 90%, causing lower demand in Europe further affecting the stock levels of EU traders.

In Europe, high temperatures in June may have further affected cow welfare and accelerated the seasonal decline in milk production. In the case of Italy, a state of emergency has been declared due to the drought and efforts are underway to address the water crisis. Some experts fear that the water crisis will not bypass other European countries and thus the agricultural industry unscathed.

The words for the week are energy and shortages. European countries are contemplating the need to ration energy. Some supermarket chains are rationing flour and sunflower oil.

SMP prices do not change from week to week, but from day to day. Read our newly published dairy newsletter to find out what to expect in the business in the coming weeks!

The end of the first half of 2022 is just around the corner. Market sentiment is therefore focused on completing the accounting for this fiscal period. Read more to find out about latest updates in the dairy industry!

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

Additives market trends showcase challenges ahead. Russian gas supply issues affect European chemicals, COVID-19 impacts persist in China's amino acid and vitamin sector, and cosmetics chemicals face scarcity-driven price hikes. The market remains volatile, prompting uncertainty for future projections.

Rising production costs could put the dairy sector in Western Europe in serious trouble. The Farmers’ Association in Germany claims that the price of milk per kilogram has reached 44 cents and “this is not enough”, considering that the total cost of production is much higher and will increase even more in the coming months. Read more to find out more!

Ongoing situation on the European market is still highly connected to war operations in Ukraine. The invasion was soon followed by export bans which incite trouble in supply chains. Food import dependencies are clearly visible as countries that have restricted exports of grain register a lot of difficulties such as commodity speculation. Want to know more?

Read our newly published additives newsletter to find out what to expect in the business in the coming weeks. With us, you’ll never miss a thing!

Global food prices spiked to an all-time high before the war even began, thanks to the pressure that the Covid pandemic put on supply chains. What will happen next?