OBSERVATION
COMMENTARY
By when global commodity prices will be reflected to all dairy products in local markets?
BUTTERFAT
Forward prices continue to steadily raise up until May ’22. Reasons are likely to be pretty “local” in terms of demand/supply unbalance however determining global impacts.
SOLIDS NON FAT SNF
Same trend confirms also for protein based products month on month and observation by observation. No sign for an ease now.
