Milk news, 04/02/2020

The increase in the amount of milk continues. According to the first calculations, the previous year's values are exceeded by 2%. According to calculations by the ife Institute, prices on the spot market have been below the 30 Ct./kg mark for the first time since June 2019. A spot milk price of 27.3 Ct / kg is given for the 13th calendar week. At the consumer level, the massive purchases of UHT milk have decreased. The supply was never jeopardized, which consumers are now registering, in addition, the quantities required were purchased significantly more than required and some consumers still have enough UHT milk in their cupboards. The demand for form butter remains at a high level, especially orders from the food retail trade arrive in the factories. The dairy sales prices for shaped butter increased at the turn of the month. In Kempten, the margin improved by 30 cents / kg. The block butter stays calm. Demand from industry has almost completely stopped and new business has also been very quiet. The trading margin for block butter was reduced yesterday in Kempten by an average of 25 cents / kg.The market for sliced cheese is balanced. Demand is currently shifting. While food retailers are increasingly calling up and cheesemakers are trying to convert their production accordingly, there is hardly any demand at the catering and bulk consumer level. The export of goods shows a steady flow of goods. The bottom line is that the bottom line is a balanced situation. Gouda loses 5 cents / kg for both bread and block goods at the lower end of the trading range. Skimmed milk powder in food quality is again weaker. Prices are not only falling in Germany, skimmed milk powder is also weaker in France and prices are also falling sharply in the Netherlands. In China, loading and logistics have returned to normal, but many manufacturers are currently entering the world market with favorable offers. Worries about a global recession are too great. The market for feed quality is characterized by strong reluctance to buy these days. The prices lose 175 euros / t. EEX shows clearly falling butter prices for the first and second quarters today.The stock market milk values continue to fall and are calculated by us in a range of 24-25 cents / kg. Buyers and sellers have further reduced their offers in the past few days.