Lädt…
Restaurant, school and food-service closures have dried up the market for dairy products, particularly cheese. Dairy farmers have begun flushing milk because they cannot sell it.
About one-third of the state's dairy products are sold through food-service channels.
Milk disposal shows surplus supply with no demand, which is strongly bearish for milk prices.
apnews.com02.04.2020Nach 49 vergangenen Ereignisse (bearisch, Makro) bewegte sich Milch (Class III) im Median über 5 Handelstage um -0,6 % (33% höher; mittlere Hälfte -8,5 % bis +0,6 %) und über 20 Handelstage um -7,5 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Farmers flushing milk as restaurant and school closures eliminated cheese demand signals oversupply and bearish sentiment.
Food-service closures dried up cheese demand and farmers began flushing milk, signaling a demand collapse and oversupply that fed bearish sentiment.
