DairyCo

Dairy commodity prices remain strong

Published 10 March 11

February saw large increases on UK wholesale markets across all commodities. Prices for butter increased by around 9.4% between January and February, to an all time high of £3,500/tonne, whilst cream went up 12.2% over the same period to £1,650/tonne.

These price rises have occurred in conjunction with the continued strength of EU and world markets.  Demand continues to be driven by India, Russia and China, the latter of which has a struggling market for domestic products due to concerns over quality and health standards. The political disturbances in parts of North Africa and the Middle East are adding further to demand, as country leaders try to secure adequate food supplies.

To read more, download the DairyCo Dairy Market Update here