19 June 2019: Markets on holiday?

Updated: Jun 21, 2019

Just a brief note this week, as prices are unchanged.

Skim milk is down a touch (€10-30) on the Dutch market and whey is unchanged. Skim traders are still peddling the ‘buy now and avoid the rush’ story, but as we are now in the annual contracting season for calf milk replacer, producer buyers could be spooked into covering their short position, with a potentially cumulative effect pushing prices yet higher. China remains the main threat to skim falling, but then again, they are the canniest buyers of all, and will probably find a way to engineer the market down, especially as the US is awash with milk and have to dump it somewhere, from where it will probably be resold to China!

No news as such on whey, so a quiet market for the summer in prospect.

Sterling looks about as healthy as it could, given the final two contenders for saving the un-saveable, are either the man who broke the NHS or the man who wants to sell it to Donald Trump.

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


Recent Posts

See All

2 December 2021: Peak Skim?

I give up trying to read this market. Last week, it looked certain to be running out of steam, yet this week we are served up with a whopping €50 increase in skim milk and €30 increase in sweet whey p

25 November 2021: Levelling up?

There are finally some signs that the upward charge is starting to run out of steam. My take is that what started with a genuine shortage of skim milk powder back in September turned into unbridled gr

11 November 2021: Square Book

The truce is over, for whey at least, as it is up €10-20 this week, but more significantly producers warn of more to come as their milk supply dwindles. Skim milk shoots up another 2% or €60 on the sa