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Unit 70, Hunthay Business Park, Hunthay Farm, Axminster, Devon EX13 5RJ UK 07801 308054

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. Sixty years later, I am still musing on the dairy industry,
with an irreverent view of politics and currency ..." Greg Dunn
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9 July 2021: Another Game of Two Halves
There’s an interesting split developing between whey and skim, as whey has posted 3% lower prices in Holland this week, yet remains...
Jul 8, 20211 min read


30 June 2021: Down Down
It looks like the traders have won this round, and as much as the processors don’t like it, they are now offering quantities of both whey...
Jun 29, 20211 min read


24 June 2021: Cheap trick?
Both skim and now finally sweet whey show reduced levels on the Dutch markets, but offers of physical material are still scarce. Whey is...
Jun 24, 20211 min read


18 June 2021: Cometh the trader ...
Despite last week’s gloomy outlook, things have got better, at least on paper. Sweet whey is quoted as unchanged in Holland, and skimmed...
Jun 17, 20211 min read


11 June 2021: If you don’t want to know the score, look away now …
This won’t be an easy read. The considered opinion of the milk powder market, in France at least, is that it's jiggered for the next...
Jun 11, 20211 min read


3 June 2021: Unchanged again ...
Although the market is nominally unchanged, it still remains stubbornly firm, and whey posted €10 higher in Holland this week. Looking...
Jun 3, 20211 min read


27 May 2021: Market unchanged, but firm
Whilst sweet whey sits tight for a week, skim is still on the march north, and there are a few morsels of market intel. Whilst whey still...
May 26, 20211 min read


21 May 2021: Still the market climbs. Alone.
Still the milk powder market climbs, but no one seems to have told it that the proteins markets has (hopefully) topped out. As the whole...
May 21, 20211 min read


13 May 2021: May remain Strong and Stable
The milk powder markets are taking a breather this week, Dutch whey prices are unchanged and skim milk powder has notionally decreased...
May 13, 20211 min read


6 May 2021: The only way is up!
Seemingly so for milk powders again this week, as we see whey rise €10-20 and skim milk €30-40. No real news to get stuck into, just that...
May 6, 20211 min read


22 April 2021: No news is … no news
The Dutch markets for both sweet whey and skim milk remain unchanged this week, as do my comments of last week, namely that whey should...
Apr 22, 20211 min read


15 April 2021: Invisible strings suspending sweet whey
Again the market is split in sentiment as well as in direction. Sweet whey is posting unchanged prices on the Dutch market, but there is...
Apr 15, 20211 min read


8 April 2021: Sunlit Uplands
Whilst processors and traders enjoy the sunlit uplands of the market summit they have created, buyers are now sensing blood, and the...
Apr 8, 20211 min read


25 March 2021: A game of two halves - and it's half time?
I feel slightly vindicated having stated last week that I thought this hike was running out of steam, as it has at least posted unchanged...
Mar 25, 20211 min read


18 March 2021: “Tops and bottoms of markets are made for fools”
(graph www.clal.it) It’s official, sweet whey is now dearer than at any time since Peak Oil in 2007. And, more significantly is still...
Mar 18, 20212 min read


10 March 2021: Someone wake me when this is over........
Strap yourself in, this is a Mach 1 take-off. The 'published' prices for sweet whey and skim milk are both up €50, but tales are legion...
Mar 10, 20212 min read


4 March 2021: Swings and roundabouts
Sweet whey is up slightly, skim milk unchanged. The slight easing in physical sweet whey supplies glimpsed last week has dematerialised,...
Mar 4, 20211 min read


25 February 2021: Unchanged. But unsupported?
The milk powder market is largely unchanged, but more significantly, unsupported. The main reason for this is an about-turn in purchasing...
Feb 25, 20211 min read


18 February 2021: From frictionless trade to tradeless friction …
But no signs or easing, as supply is still poor on sweet whey and skim milk powder. The market is likely to remain rangebound in a narrow...
Feb 18, 20211 min read


10 February 2021: Market unchanged. Allegedly
Dutch markets for sweet whey are posted €10 lower, but France is unchanged, and all the talk is about Chinese demand. One vignette was a...
Feb 10, 20211 min read
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