The Daily Dairy Digest

The EU milk supply is continuing to be tight. Milk collections are not only down, but also thin. But buyers keep resisting higher prices, saying these prices are killing demand. Their hope is market prices will trade lower, but are the right to think so?

In today's podcast we talk about the quick surge in butter prices, the sustainability of the higher prices and about the trades that we have done in the recent days. 

We are back, and hope to be on a more frequent basis. In this podcast we take a look at the bearish dairy markets and will explain you why we think we have not reached to bottom yet. Dairy markets will see more pressure in the weeks to come. 

Our update from SIAL where the sentiment is bearish. Markets are expected to trade down. 

The last daily podcast in the series for this year. We will be back with a Weekly podcast after the SIAL

In The Daily Dairy Digest of today we see butter trading between 6680 and 6740 for october we see Q1 butter trades stabalize we see cheese demand and offers coming closer togheter we see smp market turn a bit more bearish. 

In today's podcast we talk about the bearish market and the 500mt of Butter we traded in Q4+Q1+Q2

In today's podcast we will talk about the weaker gdt the french and german milk intake the trades for butter between 6550 and 6900 the trades for smp at € 3580 

In today's podcast: the GDT is expected to trade stable/slichtly higher Irish milk in august is up 0.9% Irish smp production is up 6% Butter traded around € 6750 for November And Butter traded at € 6650 Q1

In today's podcast we speak about the bearish outlook for the dairy market, we talk about the last week and look ahead to the week to come.