Dairy commodities continue to slide

Prices were down again at the latest Dutch Dairy Board (DDB) auction on Wednesday, although the falls in butter price are less dramatic than those towards the end of the summer.

Butter on Wednesday was down by a further €60/t, leaving it at €5,440/t. At the end of July European butter was priced at €7,180/t.

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Whole milk powder has also dropped in price over the period, falling from €4,240 at the end of July to €3,720/t on Wednesday, down €100/t on last week.

Skim milk powder on Wednesday was priced at €2,170/t, down €40/t on last week and €180/t lower than at the end of July.