Dairy Market Report Q3 2018

dairy market report q3 2018

Greetings to you all we hope you have been enjoying the fantastic sunshine over the course of this record breaking summer! It is safe to assume most of us have been pleasantly surprised by the heatwave we have encountered and long may it continue. However to keep up the recent trend there is always scepticism when it comes to volatility in the dairy sector and the extreme lack of rain is putting pressure on farmers across the continent. This has come on the back of another huge jump in price on especially butter and mozzarella over the last few months. There are several predictions being shared by experts on what lies ahead but if we have learned anything from the past 2 years it is that predictions can look very silly indeed!

 

 
butter prices dairy market report
Butter prices soared due to increasing demand
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Mozzarella prices q3 2018
Mozzarella prices increase
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Brexit negotiations and the dairy market
Brexit negotiations and UK exports
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heatwave leads to feed shortage
Heatwave leads to feed shortfall
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An uncertain market but with ever increasing demand

To conclude it is clear we are working in a very uncertain market and trends become even harder to predict in the light of ever increasing demand for dairy. However it must be said that it is positive that demand for natural dairy is growing and we hope this continues. It is clear though that work needs to be done to address the supply issues that are ongoing as the sharp sudden increases in price are tough for everyone to deal with. I hope all of our customers appreciate we do our very best at Ingredient Solutions to provide you with the best deal possible in a challenging environment. We hope you feel we do our best to provide you with as much information as possible to show the challenges we face. As ever we always try to think in a positive manner and we feel there has to be a point where prices reach a much more sensible level. As always we will keep you posted on any developments and we wish you all a pleasant summer.

Yours Sincerely

Ian Galletly

 

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