Dairy Market Report Q4 2018

Hello everyone, I hope you are enjoying a relatively stress free build up to Christmas! The festive season is indeed upon us and as we look back over the year we can be correct in saying it has been another drama filled period in the dairy industry. After the record high pricing in 2017, the general feeling was 2018 would see a gradual reduction in pricing. However, seasoned experts were proved wrong yet again as we saw another dramatic increase in the Spring on butter especially. Thankfully we seem to have got over the worst 2018 threw at us but who knows how 2019 will play out?

butter in the dairy market
Butter prices have been easing
cheese prices in 2018
Cheese prices have also eased back
Brexit negotiations and the dairy market
Continued Uncertainty
lacpatrick lakeland merger
Lakeland and Lacpatrick merger
dairy health
International study carried out by McMaster University in Canada

As the end of the year descends upon us it is hard to believe how quickly it has all passed by yet again! We understand that 2018 was another challenging year for all of our customers who have had to deal with more turbulence on their pricing. We live in uncertain times both in the dairy sector and politically so nobody can be sure what 2019 will bring. However, we are encouraged by the developments of recent months and we will keep our customers closely updated as we see more activity. Again, we would like to thank everyone for keeping faith with us over the course of the year and we hope you are satisfied with the effort we put in.

We wish everyone a very happy Christmas and a prosperous New Year. Bring on 2019!

Yours Sincerely,
Ian Galletly


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