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
24 November 2022: The revaluation of food
Last week’s jaunt to Eurotier took me out of the market for a week, but talking around milk powder suppliers, very mixed views emerged on...
Nov 24, 20222 min read
10 November 2022: Downward spiral continues…
Another predictable week for milk powders; sweet whey posting unchanged for the third week running, whilst skim milk shed its largest...
Nov 10, 20221 min read
3 November 2022: On predicting markets 2
This method I find more accurate than chartism, the age-old art of examining toad entrails! The other pictures I found were rather...
Nov 3, 20222 min read
27 October 2022: On predicting markets
I’ll fulminate in the following paragraphs on the science of predicting future prices from those past, and stick to the last week’s...
Oct 27, 20222 min read
20 October 2022: Down the slide
Although there's some bad news burying going on this tumultuous week, there's good news for milk powder buyers. Quite how far down the...
Oct 20, 20221 min read
14 October 2022: Free Fall
Milk powder markets have really decoupled from the protein/oil complex in the last fortnight, with both skim milk and sweet whey shedding...
Oct 14, 20221 min read
6 October 2022: Down, down, deeper and down
Readers of a certain vintage will remember the No.1 hit by marmite band Status Quo (I loved them!), but that where it looks like the milk...
Oct 6, 20221 min read
29 September 2022: Markets diverging, again
The last week has seen sweet whey fall €20, which is a significant 2%, but skim milk powder rise €10, a paltry quarter point higher. At...
Sep 29, 20221 min read
22 September 2022: When supply and demand both decline ...
Sweet whey posted unchanged levels this week, but skim milk broke ranks and rose €30 (+0.8%). These cumulative rises over the last month...
Sep 22, 20222 min read
8 September 2022: A balanced market? I am starting to think not
Headline prices for both whey powder and skim milk are quoted as unchanged this week, after consistent rise through August. Associated...
Sep 8, 20221 min read
1 September 2022: Up we go?
Up we go? Sweet whey posted an impressive 4% gain this week, up €40, on top of the €30 rise from the low of €900 of mid August. Skim milk...
Sep 1, 20221 min read
25 August 2022: Has the worm turned?
Having beaten myself up for the premature call on skim milk, I now feel more vindicated as the market appears to have bottomed out,...
Aug 25, 20221 min read
18 August 2022: Still half right…
I think my crystal ball needs a polish, as the two milk powder markets are now diverging, counter to my recent musings. The sweet whey...
Aug 18, 20221 min read
12 August 2022: Half right, half wrong…
Last week’s call that the market had bottomed was debunked by the headline skim milk powder index falling €100, just shy of 3%, but the...
Aug 12, 20222 min read
4 August 2022: That's All, Folks?
Well, I think it is - the decline in the milk powders market, that is. Both sweet whey and skim milk are posting unchanged levels this...
Aug 4, 20221 min read
28 July 2022: Sweet whey future price graph?
I stand by last week’s comment that the mid August rush back to work will probably ignite the traditionally bullish autumn market, and...
Jul 28, 20222 min read
21 July 2022: Sell in May and Go Away?
I’m conflicted about this adage, specifically for feed raw materials, as ‘Buy in May and Go Away’ usually delivered for winter cover in...
Jul 21, 20222 min read
15 July 2022: Down the plughole ...
What a week, and an embarrassing one for this observer's prediction of the market levelling out; skim milk down 1.5%, but sweet whey down...
Jul 15, 20221 min read
8 July 2022: Slide levelling out?
The above pictogram perhaps sums up the traders' market stall over the last quarter. Soya and palm oil are very interesting currently....
Jul 8, 20221 min read
1 July 2022: Supply and Demand change places
The old adage may be that those who can, trade, and those who can’t, write books about trading, but the current situation differs from...
Jul 1, 20222 min read
bottom of page