Take advantage of dairy ingredient prices

摘要

Dairy commodity prices have become increasingly low and food manufacturers should lock into a long term deal quickly before they rise again, advises European trader Greenfields. Market prices for dairy commodities are currently at a 10 year low. The European Commission is already buying up skimmed milk powder through its Intervention Scheme to prop up the market, and is expected to extend this measure to butter in the next few weeks. As soon as a market balance is achieved, prices are almost certain to start rising again. This means now is the perfect time for food manufacturers in Europe to lock into a fixed price deal for their dairy ingredients using a long term pricing model.