Butter's rating makes a big jump in the Netherlands

Published 2024년 2월 21일

Tridge summary

The Global Dairy Trade price index has seen a 0.5% increase in the last fortnight, with the index now at 1,112. Butter prices have seen a marginal increase of 0.1%, while whole milk powder prices have dropped by 1.8% in New Zealand. Skimmed milk powder prices have risen by 1.3%. In the Netherlands, dairy prices are higher than they were in August 2023, with a notable increase in butter prices. The price for whole milk powder remains steady at 365 euros per 100 kilos, while skimmed milk powder for consumption has increased by 5 euros to 247 euros per 100 kilos. Skimmed milk powder for animal feed is up by 2 euros to 241 euros per 100 kilos, and whey powder has decreased by 2 euros to 71 euros per 100 kilos.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The plus for butter on the Global Dairy Trade is somewhat limited. This is an increase of 0.1 percent. For whole milk powder, a minus of 1.8 percent was recorded in New Zealand, while skimmed milk powder actually increased by 1.3 percent. Looking at the complete market picture, the Global Dairy Trade price index was half a percent higher than in the previous edition two weeks ago. This brings the price index to 1,112. Since mid-August, when the index was 850, it has been rising steadily. Short term Dutch dairy quotations are currently also at a higher level than in August 2023. However, things have been a bit difficult in the Netherlands in recent months. Last week, butter already made a significant jump, which is now continuing. ZuivelNL's other quotations, with the exception of whey powder, which remained stable, also rose last week. It now appears that this plus was short-lived for some quotations. For example, the quotation for whole milk powder remains stable this week at 365 ...
Source: Nieuwe Oogst

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