Analysis milk
As Easter approaches, cream prices in particular take a hit.
With Easter almost here, milk fat prices are falling rapidly. The price of cream, in particular, is dropping sharply. Read more about what is happening to the different products.
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
This is the situation on the dairy market in a nutshell. Milk supply remains relatively high, resulting in persistently low spot milk prices.
This is happening throughout Northwest Europe. The transport of milk and semi-finished products over long distances is becoming increasingly expensive due to rising energy prices. This makes processing elsewhere increasingly difficult.
Nevertheless, the price for skimmed milk concentrate is rising slightly. This barely narrows the price difference with skimmed milk powder. The powder market remains strong for the time being, despite increasing signals that demand from Asia is weakening under pressure from the events of the war in and around Iran.
Asian countries are suffering much more from rising fuel prices and other problems than European countries.
Meanwhile, the price of whey powder continues to rise steadily. The product is and remains in high demand and relatively scarce.
The butter price also experienced a decline, but at -6,3%, this is only about a third of the drop in cream prices.
Finally, cheese prices are under some pressure. This is mainly because the trade anticipates more difficult sales. Producers, on the other hand, remain optimistic.
They are still registering stable prices and good demand. Various companies indicate that they are virtually sold out, particularly producers of foil-wrapped cheese.