Prices are still falling
The large surplus of milk in Europe keeps very low prices. With the spring and the highest peak of production, prices haven´t upward potential. SMP is at levels of 1,60-1,65 Eur./Kg. Butter down to 2,40 Eur./Kg. Exw.
The large surplus of milk in Europe keeps very low prices. With the spring and the highest peak of production, prices haven´t upward potential. SMP is at levels of 1,60-1,65 Eur./Kg. Butter down to 2,40 Eur./Kg. Exw.
About SMP there are no changes in demand or production. We continue to intervention levels, 1-68-1, 70 Exw.
Butter continues with a fairly balanced market supply and demand, 2, 80-2, 85 Eur.Kg. EXW.
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