top of page
Unit 11, Riverside Way, Seaton, Devon EX12 2UE 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-odd years later, I am still musing on the dairy industry,
with an irreverent view of politics and currency ..." Greg Dunn
Search
11 May 2023: Sideways with attitude
The weekly struggle to source an original picture landed this week on an actual picture, as we used to call films. 127 minutes of life...
May 11, 20232 min read
4 May 2023: Spoofing the market
Somebody’s messing with the skim milk market, as the Netherlands is posted as €100 higher this week (+4.5%), but Germany is unchanged and...
May 4, 20231 min read
27 April 2023: I'm sorry, I haven't a clue ...
As long-suffering readers already know, the markets conspire to make an idiot of me within a week of publication. And so it goes this...
Apr 27, 20231 min read
20 April 2023: Balancing
This week was an action replay of the week previous, as sweet whey stood still while skim milk shed another 2%. Whey at €640 is €80 under...
Apr 22, 20231 min read
14 April 2023: Heads in sand at the bottom?
Both sweet whey and skim shed 3% this week, whey down €20, skim €80. The lynchpin is Chinese demand, or rather the continued lack of it....
Apr 14, 20231 min read
6 April 2023: Flatlining
A short report from a market with no news. Situation unchanged, ample stocks of all milk powders, no sign of any potential hike or slide....
Apr 6, 20231 min read
30 March 2023: Market lacking direction
Another week of drifting in milk powders, whilst proteins and oils enjoyed a bounce. The headline Dutch sweet whey market posted...
Mar 30, 20231 min read
16 March 2023: All pigs fed and ready for takeoff!
My prediction of spiralling prices now looks as likely as the Farmer’s pigs taking off. Complete stalemate in the market sees sweet whey...
Mar 16, 20231 min read
2 March 2023: Creaming off the profits
The numbers are out of date, but the balance illustrated above still holds true. And while liquid milk prices fall across Europe, skim...
Mar 2, 20232 min read
23 February 2023: Market's moved, buyers unmoved
Apologies for absence last week, laptop malfunction whilst on the road in Ireland. Not that prices have changed much, but the mood...
Feb 23, 20232 min read
10 February 2023: Rock bottom?
Finally, after a surprising collapse in sweet whey and skim milk, the market seems to have turned. Sweet whey is up 1.5%, only a modest...
Feb 10, 20231 min read
3 February 2023: What goes down ...
The negative gravity in milk powder markets looks like it will experience the serious G forces of a correction sometime very soon,...
Feb 3, 20232 min read
26 January 2023: The wages of skim
The image above represents the continued surprise and anguish of an industry that wilfully starved the market through the Ukraine spring,...
Jan 26, 20231 min read
19 January 2023: Waiting for the Dead Cat Bounce
Despite their attempts to ride out the stockpiling of sweet whey and skim milk, processors and more desperate traders have thrown in the...
Jan 19, 20231 min read
12 January 2023: Overstocked
The modest losses in sweet whey and skim milk over the past week (both down €20) belie the significant oversupply of both products. An...
Jan 12, 20231 min read
5 January 2023: Has milk reached the top of the mountain?
New year, new direction. Farm gate prices for milk have finally started to fall back, down 2-3p/l to start with, as...
Jan 5, 20231 min read
22 December 2022: Review of the Year
There’s very little change in milk powder markets or veg oils this week, so I’ll take a look back over the last couple of years In the...
Dec 22, 20221 min read
15 December 2022: Things aren’t quite what they seem
The guitarists amongst you might admire the perfect F chord this musician is effecting (quite appropriate for what he allegedly said...
Dec 15, 20221 min read
9 December 2022: The wisdom of W S Gilbert
When you have nothing else to wear But cloth of gold and satins rare, For cloth of gold you cease to care — Up goes the price of shoddy...
Dec 9, 20222 min read
1 December 2022: Holding up the markets
This week’s milk powder markets are identical to the England:USA game in Qatar; a no score draw with little worthy of comment. Both sweet...
Dec 1, 20221 min read
bottom of page