Milk News, 03/16/2023

The increase in milk volume eased off at the beginning of March. Compared to the previous week, around 0.2 percent less raw milk was served. According to preliminary calculations, the previous year's level up to the 9th calendar week will be exceeded by 3.2 percent. Spotmark milk fell again significantly in the last week to 28.4 cents/kg on average across Germany. Good availability of goods...

Expert Opinion: 

The bottom line is that the milk market is moving sideways. While cheese and molded butter are readily available, the powder markets remain difficult due to the very good availability of goods. We are still assuming that a bottom will form, which will become more and more solid.