Welcome to the BDC agri blog. Here you will find reports from some of the events we attend, as well as Greg's popular weekly view of the UK milk and whey powders market:

 

"Many years ago, I got my first job in the dairy industry, as class milk monitor at Tollesbury Primary School.
I thought it was a job for life, but sadly Margaret Thatcher famously ‘snatched’ free school milk,
and the nation’s health has suffered since. Fifty-four years later, I am still musing on the dairy industry,
with an irreverent view of politics and currency ..." G
reg Dunn

The market is drifting with no new nudges. Whey has eased €10-20 across Europe, and edible skim milk powder the same, but feed grade remains unchanged. What is concerning is the dearth of lactose and whey permeate, which are usually priced beneath whey and act as upward price controls, but with their lack of supply, whey could bounce, especially if engineered upwards by the middle market. As I oft repeat, a flat market is no use to a trader.

Sterling saw the depths of €1.09 and $1.22 yesterday, but Boris bleating his latest three word nemonic for the hard-of-remembering first-time Tory voter seems to have put a halt to the slide. Yesterday saw the unheralded passing of the deadline for Brexit extension, so it looks like a ten-to-midnight deal or no deal on New Year’s Eve.


BDC agri is the UK broker for Lacto Production milk and whey powder products.

For further information and prices, contact Greg Dunn on 01206 381521 or g.dunn@blackdiamondcommodities.com

Agrosom Ltd, the UK agent for PIDOLin PCa, has changed hands to become BDC agri's new sister company.


Founded in 2009 by Greg Dunn as a wholly owned subsidiary of the German company Agrosom GmbH, Agrosom Ltd has been bought out by Greg and his wife and business partner Juliet Dunn. The company relaunches as AgriFeed UK on 1 July 2020.


AgriFeed UK will continue to supply animal feed ingredients to the UK animal feed industry, specialising in concentrated protein and energy ingredients used in young animal diets for all farm species.


Through Agrosom Ltd, Greg introduced PIDOLin PCa® (calcium pidolate) to the UK market in 2009 - a speciality product now well recognised for its successful results in poultry rearing and eggshell quality, and its significant benefits in pig and ruminant nutrition.


In addition to PIDOLin PCa, AgriFeed UK’s current product portfolio includes lecithins, dextrose, zinc oxide, potato and pea protein concentrates, full fat dehulled soya meal and extruded linseed products.


AgriFeed UK website coming soon.


Contact Greg Dunn on 07801 308054 or greg@AgriFeed uk.com

There isn't much to say, so I won't say it. The market is broadly in equilibrium, just the way middlemen don't like it, with no fresh demand or supply news to indicate its next direction. French markets have whey down €10/15, matching the Dutch market move of last week, but skim milk remains unchanged.

Sterling is in an even worse muddle than last week, now struggling to stay above €1.10, now the picture is becoming clearer of how the major European economies are emerging from COVID-19.


BDC agri is the UK broker for Lacto Production milk and whey powder products.

For further information and prices, contact Greg Dunn on 01206 381521 or g.dunn@blackdiamondcommodities.com

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    BDC agri is a trading name of Black Diamond Commodities Ltd, UK Registered Company No 06821585,