There is a general consensus that prices for dairy commodities should be higher in Q3 than in Q2. But how much higher is a question that nobody knows the answer to. Current premiums feel very big for buyers while they feel way too small for sellers, creating a vacuum in which only a very few are able to operate efficiently.
Cheeses are currently young when sold, producers say there is not that much left to sell, and there will only be less and less cheese after the milk flush, which all points to the direction of upwards price movement. Everyone is therefore anticipating the same thing: a price increase. But as premiums are already being paid and a lot is happening for Q3 already, a common theme is that the market will probably not behave as we expect it to. It might just be something small that causes the sentiment to change.
Side note: Easily get a Cheese Yield Estimation with our free calculator.
