Greg's Milk Monitor 13 September 2024: The top of the hill?

Both skim and whey are up about 2% this week (skim up €40, whey up €20), but a much smaller percentage than preceding weeks, as some buyers have retreated from what they suspect is a manipulated market.

However, there are few off-grade offers currently in the market, which is the usual bellwether for a collapse, so processors don’t seem to see this as the end of the bull run, and fat filled powders are also more difficult to find.

The soy complex is having a breather, as recent hot weather in the Midwest means it might not be quite the most enormous crop imaginable, so beans are back up over ten cents, meal is about even stevens but oil has slid back into the high 30 cent, as has palm oil, as exports to India have fallen out of bed in the last quarter.

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

Devon dairy farm finds answer to its mastitis problem, using Cobiotex 410 Absorbent® powder

A bedding additive has allowed one dairy farm to reduce environmental mastitis, from over 25% of the herd affected to 6%.

Very good to see Cobiotex bacterial complex getting some excellent results reducing environmental mastitis in a Devon dairy herd, from over 25% of the herd affected down to 6%.

Cobiotex 410 Absorbent® powder is available from EnviroSystems, BDC Agri’s partner company for UK ruminant sector.

Click here to read the full story at Farmers Guide.

For more about Cobiotex, visit EnviroSystems' website.

5 September 2024: History repeating, again?

Skimmed milk up €70 (3%), sweet whey up €40 (5%). Skim has now risen from €220 in seven short weeks and whey by the same amount, and it really does appear trader-led, but processors are delighted to sell into the rise. There will likely be tears before bedtime when the traders pull the plug and force the market lower, leaving the processors with increased stocks, and buyer reluctance that usually kicks in when the market starts to slide. And yes, this is precisely what happened last time, and it took a month of Sundays for the stocks to clear, very expensively for the processors.

Other markets are quiet, crude oil has just tipped into the high $60s, but dodgy weather models for the Midwest have supported soya running up to the corn and soya harvests, so some temporary support for beans, meal and oil. Palm stocks are building and ringitt strength have been ignored as prices hold steady..

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