CLAL.it outlines the import and export trade flows of Cheese, Butter and AMF, Milk Powders, Whey and WPC, Condensed Milk, Packed and Bulk Milk, Lactose, Casein and Caseinates by the main international players.
BUTTER (82%): maximum prices are higher. Export demand is still strong as the U.S. prices remain high. Buyers are taking advantage of current pricing levels as prices continue to climb.
CHEDDAR CHEESE: prices are trending higher. Domestic demand is steady to higher, but export demand is slightly lower. Production is steady to higher as some manufacturers are choosing to make cheese to store for future needs.
SMP: prices are moving up. Production is increasing as processors want to build stock levels as prices go up. Buying demand is high.
WMP: prices are higher. Production is increasing as manufacturers believe that WMP will yield the most profitable returns. Demand is stronger as some buyers are interested in purchasing at current pricing levels as prices continue to rise.
Demand for Butter, SMP and WMP is higher: buyers are interested in purchasing at current pricing levels.