Liquid price rally weakens, cheese and powders solid

The quotation of DCA Foliekaas Goudse and Edam both amounts to a price of €3,45 per kilo, +€0,75 and +€1,20 respectively compared to last week. Cheddar is also well priced. Only mozzarella lags slightly behind in terms of price development.

Cheese prices are expected to remain high and rising in the coming weeks. The milk supply in both the Netherlands and other nearby countries is and remains relatively low.

Milk powder price rises slowly
Milk powder prices also continued to rise, but with a slightly longer delay than cheese prices. DCA Skimmed milk powder rose to an average price of €2.685 per tonne (+€50), whole milk powder rose to €3.250 per tonne (+€65). The price of fat-filled milk powder is also on the rise, but is just above €2.400 per tonne.

In the liquid dairy market, most eyes remain focused on the cream quotation. This will not increase very quickly this week, but an increase of €40 per tonne is still a serious additional cost at the current weekly level of €5.625 per tonne finished work. This further increased the distance to the butter price (€4.170 per tonne, an increase of €30). The price of butter does not appear to be increasing any further.

Irish butter
If there was any upward movement, it has been countered by cheap Irish butter since the last week. This is offered at prices from €4.050 per tonne, it is reported. While butter, if it wanted to keep up with the price of cream, would have had to cost €4.700. That price will not be achieved in the current circumstances. The DCA quotation for this week remains stuck at €4.170 per tonne.

The DCA quotation for raw spot milk remains stable at €45,00 per 100 kilos delivered at 4,4%, especially in the Netherlands and Northern Germany. This reflects the lagging milk supply, but there is also a caveat to the high prices. And that ultimately applies to the entire liquid dairy market today. The high price levels are paid for and determined by small trading volumes, not by massive demand.