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Global milk output growth remains subdued, with Jan-June production estimated down 0.4 percent, while Irish output rose about 10 percent. Dairy markets are sluggish with easier butter prices, as weaker economic growth in the Eurozone, US and China dampens demand.
New Zealand's 2019/20 season has started strongly.
Soft demand and easing butter prices outweigh the tight supply picture, keeping dairy prices under pressure despite lower output. Buyers of dairy-based feed should expect limited upside in the near term.
ifa.ie22 ago 2019Tras 49 eventos bajista de macro pasados, Leche (Clase III) se movió una mediana de -0,6 % en 5 sesiones (33% al alza; mitad central entre -8,5 % y +0,6 %), y -7,5 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
