The Dutch markets for both sweet whey and skim milk remain unchanged this week, as do my comments of last week, namely that whey should be sliding whilst there is little reason for skim to do so.
Liquid milk supply is poor across Europe, with the exception of Eire, thus the poor supply of skim milk, and even sweet whey, given Europe’s demand for catering mozzarella is still extremely downsized. Buying demand from SE Asia is still strong, and supply isn’t currently coming from the USA, so Europe is being plundered both domestically and from export interest.
The Pound is lacking strength, somewhat surprisingly given favourable recent unemployment figures and non-essential shops reopening, but the emerging stories of Boris’s pedigree chumocracy may be subduing bullish sentiment.
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 firstname.lastname@example.org