
Dutch skim milk powder quotations rose sharply this week, with animal-feed grade up 9 euros to 370 euros per 100 kg and human-consumption grade up 4 euros to 375 euros. Prices are nearly double the level of the same week last year, while butter, whole milk powder and whey powder were stable.
Skim milk powder is a dairy ingredient used in animal feed, so a sharp rise in the Dutch price raises feed costs for buyers and signals tighter dairy supply in Europe. The move points to firmer prices for dairy-based feed ingredients.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.