See what’s on the horizon thanks to Atlante’s commodity market performance insights for UK buyers and beyond.
At Atlante, we recognise the importance of providing up-to-date performance data for each of the main commodity markets. That’s why we offer snapshots and explainers that help to keep buyers informed.
2022 has been a rather turbulent year, with both record-breaking sales in UK supermarkets and grocery price inflation at a record high. So where do the main food commodities stand, and where are they headed?
Prices in a downward phase
For milk and dairy products the prices decreased a little after reaching record levels in the 1st half of the year there were also declines on the powdered milk market. Supply is still limited as there are high input prices due to energy and feed which continue to slow down milk production, which is still at record levels.
Outlook: There may be possible price drops from Q2-2023 due to lower maize prices and imminent new harvests. For upcoming wheat harvests, rainfall will be a crucial factor.
Continued supply shortfall for eggs
Due to rising input prices, seasonality and also bird flu there is an overall shortage of eggs. Between October and November, the price of cage eggs increased by 5%.
In the outlook for eggs, some prices are due to increase but from Q1 2023 onwards the seasonality of consumption and production will start to reverse, leading to declines in quotations.
Watch this space for more updates on each of the main commodity markets- or get ahead by downloading our full commodities summary here.
