The German Wholesale Cow Milk Powder (SMP) Prices Loses €293 Over the Month.

The German Wholesale Cow Milk Powder (SMP) Price loses €293 over the Month on production which is reported to be steady to moving higher. The prices index ended June at €5101.67/mt from €5395/mt in May. The demand for the product within Europe has slowed recently as buyers are cautious of the current uncertainty within the dairy commodity market. Some sellers are offering milk powder but buyers have been hesitant in taking the offers. Chinese demand has also dwindled, all coming together to keep a lid on prices.