So much for the New Year slide, demand remains reluctantly buoyant and the supply side is happily poking the market ever skywards.
Skim is €60 up from pre-Christmas levels, and now a staggering €400 higher from the beginning of November. Sweet whey is €30 and €200 higher commensurately, tracking skim milk at exactly 50% of value, so the markets have risen in tandem.
The background markets aren’t any prettier, with the soya complex higher over the fortnight on all three legs, with meal putting on a staggering $100 since the beginning of December. The only saving grace for this if you are buying in sterling is the buoyant pound, thanks to UK anti-lockdown 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 email@example.com