I was talking to a fertiliser trader recently, and it seems there are warehouses full of expensive fertiliser, owned by nervous traders, and farmer buyers are waiting to see who blinks first. And I sense perhaps the same thing is happening with sweet whey, as we see unchanged levels in shop window prices, but discounts are finally being offered to move stock, a classic sign of an overblown market.

However, it’s a different story concerning skim milk powder, as we saw another whopping €80 go on the price this past week, possibly fuelled by the annual milk powder tendering by Algeria and Morocco. So the current trajectories of whey and skim seem to have diverted, for the time being, at least.

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