Global market overview of key dairy products: Whey powder

As noted in the material on dry skimmed milk, the balance of the world dairy market tilted in favor of supply in the second half of last year. After fixing record price levels in the first half of 2022, the value of exchange-traded dairy products began to decline rapidly. A similar trend is observed for serum, but, unlike other goods, its price has not stabilized and continues to decrease. Why have the prices of dry whey not stabilized yet, unlike other products? The disproportion of the dairy market generated surpluses of raw milk and required their transformation into exchange positions. Comparing the economic effect of the production of SZM/butter or cheese/whey pairs, the choice of the vast majority of regions was inclined to the second option due to the growth and stability of cheese prices (especially in retail, where general consumer inflation raised the price tags of finished dairy products to new heights). Thus, cheese production in export-oriented countries has ...