Dairy Market Report Q3 2022

As we move towards the peak summer months it is usually a time of great optimism for dairy buyers as the grass is green, milk supply is flush and prices are falling. However, we are living in the year 2022 and the normal ways of life have changed dramatically. Milk supply continues to be extremely fragile all across the world with a variety of reasons causing the current crisis. Global inflation continues to bite as farmers input costs rise further. The issues have been exacerbated even further with drought conditions across Europe which is also impacting milk supplies. There seems to be no immediate fix to the supply crisis. The US was touted as a potential saviour for the global market due to the sheer wealth of resources at their disposal. However, there is also a major issue in California, which is the nation’s biggest milk producing state, as they are experiencing their worst drought in 1200 years.

Let’s take a look at the situation in more detail:

Milk Price Increases
Challenges for Dairy Farmers
The European Dairy Market
Europe looks to the US Dairy Market
Europe looks to US Dairy
Ingredient Solutions taken over by Rupp AG
Ingredient Solutions now owned by Rupp AG

We want to reassure our customers it’s business as normal at Ingredient Solutions and we will continue to operate with high dedication towards our customer service levels. Rupp have also built their reputation on building long term relationships with their customers and are keen to grow further with us. The market conditions seen today are unprecedented and it’s more important than ever to stay close to our customers and suppliers. Rupp’s efficiencies of scale will help us to grow more value for our customers over the coming years. We look forward to working with Rupp and our customers will reap the benefits in the coming years.

Your Sincerely,

Ian Galletly

Managing Director


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