Already started the price reductions
The price of Smp has been reduced to 1.55 Eur/Kg. Exw. The question is how much will fall in the coming weeks.
Butter also has dropped in recent weeks and continues its fall. 6,25 Eur/Kg. Exw.
The price of Smp has been reduced to 1.55 Eur/Kg. Exw. The question is how much will fall in the coming weeks.
Butter also has dropped in recent weeks and continues its fall. 6,25 Eur/Kg. Exw.
There´s no price floor for SMP after September. EU Intervention ends. 1,60 Eur/Kg. Exw.
About butter, its price has risen to 6,70-6,80 Eur/Kg. Exw. The curren level of prices look unsustainable, buy buyers are still on the market.
Smp: The market has been weakened during the holiday period. 1,65-1,73 Eur/Kg. Exw.
The price of Butter is still high, well above the prices in the rest of the world. 6,40-6,60 Eur/Kg. Exw.
Fall in prices after the European Commission offer. The market expects the Commission steps. Smp 1,75-1,80 Eur/Kg. Exw.
About butter, the Price reached the peak at the end of June and then fell to 6,00 Eur/Kg. Exw.
The price of Smp has been influenced by lower production due to the dry and cold weather in many parts of Europe. 2,25-2,30 Eur/Kg. Cip.
Disappointing levels of milk production and the strength of the cheese market triggered the price of butter. It doesn´t seem that current price levels can be sustained. 5,30-5,40 Eur/Kg. Exw.
Spm. Its Price has risen to 1,75-1,80 Eur/Kg. Exw., but buyers are not found.
About Butter, demand continues to be strong for nearby deliveries. Record levels of prices (4,50-4,60 Eur/Kg. Exw). Its price has been pushed up by strong prices for fat.
All the operators seem to agree that dairy prices can only go down to milk production is approaching its seasonal peak.
Smp prices have fallen to levels of 1,80 Eur/Kg. Exw and the trend is bearish.
About butter, the demand was activated when prices fell and his level is now at 4,20 Eur/Kg. Exw.
The high price of butter provides solid levels of production of butter and Smp, and it keeps the prices of cheese.
The Smp has little potential of growth due to the high levels of stock of intervention.
Smp 1,90-2,10 Eur/Kg. Exw and Butter 4,00 Eur/Kg. Exw.
After November and December in which the market has continued firm, approaching the season of higher milk production and the European Commission will begin to offer its first quantities of milk intervention. Buyers are waiting to buy at lower prices. SMP 2,05-2,10 Eur./Kg. Exw.
Butter keeps the prices by the low offer. 4,35-4,40 Eur./Kg. Exw.
The price of SMP already doesn´t move. The demand is quiet. 2,00-2,05 Eur/Kg. Exw.
Butter seems stabilized at levels of 4,00-4,10 Eur./Kg. Exw. Availability is not very abundant and it keeps the prices.
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