Dairy market (July 29th)

  • Butter is very high priced...demand extremely good..Cheese prices also improving.
  • whey and skimmed milk looking for a direction...whey close to 900€/MT and SMP below1900€/MT...
  • worldwide only the US shows more milk, the rest stable or less...
  • US prices below EU prices...certainly now with a dollar close to 1.15....
  • GDT stabilized over the last month....
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