Market Update

The general trend is still negative. 

Butter futures on the EEX were down 1.43% on the week, which takes the accumulated total drop to 11% in the past 6 weeks.

SMP futures on the EEX were down 1.63% on the week, which takes the accumulated total drop to 5% in the past month.

To make matters worse the value of sterling strengthened against the Euro.