I’m afraid the market is on fire again, led this time by whey, which is up €50. No news to support the hike, I’m afraid. Skim has answered with a €20 hike, and even the fat components like palm and coconut have lifted €200 in the last month. So the plateau we saw in December has proved to be a false dawn.

Sterling has greeted Brexit Day benignly, over €1.19 this morning, last seen when the exit polls were announced at 10pm on election day.

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