Butter pricing has been the driving force of the volatile dairy industry over the last few years so it is a good place to start with our current assessment. Butter prices have seen a significant fall since the start of the year. In January butter was trading at around the €4500/ton mark but today the price is around €3800/ton. Many observers believe that butter is over supplied in the marketplace at the moment as manufacturers anticipated another glut at the start of the year. This has resulted in the current situation of over- supply and buyers are not under any pressure to commit to large volumes in a falling market.
The dramatic increase of butter prices since Q1 2017 caused major volatility across all sectors so this current contrast has brought calm to most cheese prices. There has been minimal movement on Cheddar prices since the start of 2019 with a slight increase of €50-100/ton on Mild White & Red Cheddar. Most other cheese prices have also remained static since start of the year but Mozzarella has again been an exception due to high demand across the globe putting supply under pressure. The increase in price has not been as dramatic as previous years but Mozzarella prices have risen by around €250/ton since January so it’s still very significant in comparison to the rest of the market.
Catherine’s role is Technical Assistant and she is one of the newer members of the Ingredient Solutions team. Catherine recently graduated in Food Science and Innovation at WIT and is motivated, positive and enjoys working in a team. Catherine says, “I always see the good in every challenge that approaches me as they can lead to opportunities to learn more.” She is looking forward to focusing on the areas that she can control and learning how to perfect them.
Ted is the Factory Manager, he is the man that keeps everything running smoothly, supporting production and technical operations. He ensures that all the machinery within the factory functions at maximum efficiency and is properly maintained.
Suma has worked for Ingredient Solutions for two years as Technical Manager – leading the technical team. Before working for Ingredient Solutions, Suma worked in Asia, the Middle East and Europe and has over twenty years experience in management and leadership in food and other industries.
Pina is our UK Sales Support Administrator and has worked for Ingredient Solutions since 2012. She works alongside Gary Davies and the sales team providing them with sales information and supporting the team especially when they are on the road. Pina works remotely for Ingredient Solutions from her base in Luton in the UK.
Marek is based near Lublin, that’s not a typo we don’t mean Dublin, he’s our man on the ground in Eastern Europe.
