Milk News, 10/27/2022

The amount of milk has not changed recently. According to provisional data, the same quantity of milk was delivered in the 41st calendar week as in the 40th calendar week. Between January and October, the dairies had around 0.9 percent less available than in the same period of 2021. The weaker price trend on the concentrate markets continued this week. Cream was less in demand...

Expert Opinion: 

The milk market continues to correct at a relatively high level. The dairy payout prices are still stable and firm. However, the stock market indicates that milk revenues on the farms will soon fall. Butter and powder buyers are increasingly waiting and anticipating significant price reductions...