Dutch prices for skim show a €20 decrease and leave sweet whey unchanged, and no change on real provisioning values, still above these levels.
However, there is a wind of change blowing, in that the predicted spring slide looks more likely to happen now demand should be easing. Having said that, demand remains brisk, with orders still extended to 5 weeks delivery, but refined palm fat and hydrolysed wheat gluten are both finally starting to fall.
It is processors who are trying to hang on to unchanged price levels for both skim and whey, whilst perhaps traders will try to force some downward arbitrage in the coming weeks.
BDC agri is the UK broker for Lacto Production milk and whey powder products.
For further information and prices, contact Greg Dunn on 01206 598657 or greg@bdc-agri.com
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