Official Dutch dairy commodity prices have fallen for a further consecutive week, according to Dairy Industry News.
Dairy Industry News made the announcement today, Wednesday, March 4, via its Twitter page where it quoted the following Dutch dairy commodity prices.
Dutch dairy commodity prices have been on a downward spiral since almost the beginning of February and, unfortunately, today saw another fall in prices.
Skim milk powder (SMP) (food) is down this week from €2,500 last week, to €2,460/t this week – a fall of €40. SMP (feed) is also down by €90 to €2,330/t – falling by €230 in four weeks.
Butter also fell by €50, to €3,450/t. This is a fall by €150 – in total – over the past three weeks.
Another fall was seen in whey powder, which was down €10 to €740/t; although whole milk powder (WMP) remained unchanged at €3,000/t.
Milk Price Tracker
In other dairy news, don’t miss our Milk Price Tracker in which we bring you the most recent milk prices – from the most significant Irish dairy co-ops.
Also Read: Milk Price Tracker 2020: How does your milk price compare?This table is now available on a month-by-month basis – enabling suppliers (dairy farmers) to track prices paid right across the industry.
Not only does the table enable a supplier to see what his or her own co-op is paying, but they also provide visibility of what competing co-ops are paying – on a like-for-like basis.
The project is being undertaken in conjunction with the Irish Creamery Milk Suppliers’ Association (ICMSA).