Market Report 14-4-23 Is protein powder pushing cheese into the ground?
Cheese stable, protein powder falling!
Cheese prices have developed positively for the most part. On the other hand, the price of skimmed milk powder is falling steadily. For some time now, this has also been the case for protein concentrates.
Skimed Milkpowder
Rennet Caasein
For cheese, demand has continued to weaken, but since producers are not under sales pressure now, prices have been stable.
And in Switzerland?
The milk price is also moving in Switzerland. The largest cooperative, Mooh, has reduced its prices for March by Fr 0.01.
We have received the latest production figures for February 2023 and have updated our report on cheese exports. The production of the big brands has dropped sharply. Read the whole report at https://www.affineurwalo.ch/en/news/swiss-cheese-winning-model
To the question: Is protein powder pushing cheese into the ground?
The production of skimmed milk powder and protein concentrates has increased sharply recently, but since demand is rather restrained, prices are constantly falling. Fortunately, milk fat is picking up somewhat, otherwise cheese prices would come under massive pressure.
Milk fat will not rise indefinitely and then cheese production will pick up and then protein powder will push cheese into the ground.
Kind regards, Affineur Walo
