Colors reflect world market price movements in the week prior to publishing. Grey is 'no change' and in case of a white block, there is no information about price movements.
Hover over the colors or click the product names below to show a detailed report about the product and market.
A lot of market volatility as global milk production gains strength
As global milk production is gradually building to growth levels that will provide some comfort for the buyside of the market, the main question that remains is how quickly and to what extent prices will start to ease. Although Q2 milk supply kicked off with confidence, prices in many categories and geographies did not react as expected. Due to significant unfulfilled demand in the market, the initial drop in prices in April was met with a lot of buyside activity. As a result prices in several categories bounced back up again during May. This type of market uncertainty and unpredictability will likely persist during the Northern hemisphere summer months, either in case adverse weather occurs or because of the overall slowdown of market activity during the holiday season.
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Exchange rates used in this document:
Apr EUR 1 = USD 1.105; May EUR 1 = USD 1.097; Jun EUR 1 = USD 1.143