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20 June 2024: Double vision?

I’ll admit diplopia is a new word to me, but the double vision I refer to is the fact there are two markets for sweet whey, the actual and the reported. Dutch markets are posted as unchanged at €650 for the fifth week in a row, but try going out and actually buying some, as sellers are bullish and asking prices over the market. Things are quiet in skim milk, with the market unchanged again this week, and certainly no discounting going on for off grades. 


A bit of a chart heavy week, but looking at the fundamentals behind whey and skim production, let’s look at a couple of sample indicators each. Whey first, price is holding stable for Gouda in the EU-27, whilst a sample chart for mozzarella production in Italy shows the seasonal pattern intact, so no immediate signs of supply or price pressure for whey, just bullish sellers.


Looking at skimmed milk, there was a sharp reversal in butter production in Holland during April, triggered no doubt by much more handsome prices. This hopefully indicates that the supply of skim milk is in balance with continuing brisk demand for milk powder blends, and therefore prices are unlikely to shoot up in the near future, but equally unlikely to decline significantly.

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

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