The liquid market had mixed results this week, with raw milk benchmarks showing different behaviour by region, skimmed milk concentrate reported as a thin market, and SMC recording another pick-up in prices.
Analysis|Published: Jul 31, 2026
The milk fat market continued in a lower trading environment this week. Cream and butter benchmarks both declined slightly and saw some variation throughout the week, but the market was described as stable overall.
Analysis|Published: Jul 30, 2026
The European Parliament has approved the modernised EU-Mexico Global Agreement, progressively removing tariffs on key agrifood products. The deal is expected to strengthen the EU's competitive position in the Mexican market, with Dutch cheese exporters and Spanish pork and poultry suppliers among those best placed to benefit from improved market access.
Analysis|Published: Jul 24, 2026
Europe's sheep market is entering a period of tighter structural supply as production continues to decline while demand remains relatively resilient. At the same time, Europe's growing reliance on imports comes as key suppliers such as the United Kingdom, New Zealand and Australia are also facing supply constraints, reinforcing historically high prices and increasing the market's exposure to global trade dynamics.
Analysis|Published: Jul 7, 2026
The Cheeseburger Menu Index advanced further in week 27, driven by a sharp recovery in dairy liquid prices following the recent European heatwaves and a surge in onion prices during the transition to the new harvest, highlighting how weather and seasonal dynamics continue to reshape ingredient costs.
Analysis|Published: Jun 25, 2026
Milk powder markets continue to face a quieter environment, although price developments were more mixed this week. Whole milk powder and FFMP remained under pressure. In contrast, food-grade skimmed milk powder stabilized, feed-grade SMP partially recovered from last week's sharp correction, and the whey complex moved modestly higher.
