EP148:Eucolait debrief - Will falling milk prices prompt a 2-tier dairy market?

EP148: Eucolait 2023 This Week, Chris Walkland kicks us off with his usual market update which continues to be down beat as it has been in recent weeks, and further emphasised by today’s announcement from Arla of the significant but not unexpected reduction for April. John and Chris go on to discuss the inevitability of others following suit and a substantial differential emerging between processors selling into retail and commodity markets. This further illustrates the points John made at the IFCN-Eucolait Outlook Workshop in Brussels this week, regarding the likelihood that we will see a two-tier dairy market in the future. Who better to join John and Chris to drill into the sustainability requirements of the retail markets than Kites recently appointed Head of Sustainability, Hayley Campbell-Gibbons. Hayley was invited to the Dairy UK meeting earlier this week which saw those across the industry map out how they plan to reduce scope 3 emissions across the supply chain.