On the dairy market, the price peak appears to be over for a while, especially as far as butter quotations are concerned. Foil cheese also feels a little weaker and milk concentrate takes a hit. The basis of the market remains strong, with the combination of butter and powder yielding almost as good returns as cheese (and whey). This may result in the milk powder market being slightly weaker, says market specialist Klaas van der Horst in this market update.