top of page

25 August 2022: Has the worm turned?

Having beaten myself up for the premature call on skim milk, I now feel more vindicated as the market appears to have bottomed out, rising €70 (+2%) this week. The firmer call I made on sweet whey is robust so far, up another €10 and now a cumulative 2% higher than the flat July market. But then I had to be right sometime!

Not much else to report; both palm and soya oil indexes remain broadly unchanged, but the trading range in soybeans has been a whole dollar per bushel higher over the last week, with the soymeal leg absorbing the rise, up $40 per tonne.

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

1 view

Recent Posts

See All

Another week of gently lifting powder markets, whey up 2.5% at €820 and skim only €10 higher. Talk amongst the milk powder community in this week’s VIV MEA in Abu Dhabi reckons the Dutch and Eastern E

Well, that collapse didn’t last long, one week to be precise. Whey is unchanged at €800, and SMP a paltry €10 lower. No reliable intelligence as to why, no withdrawal of offers or signal of dwindling

I feel a bit like Robin from ‘Ghosts’, trying to work out where things are going at the moment. After the arch-manipulation by the Dutch whey market, it has suddenly halted and looked behind to see if

bottom of page