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Analyst Matt Gould said 2018 is the fourth straight year of poor farm milk prices, but domestic cheese and butter demand is strong and global dairy demand is robust. He said the main obstacles are trade disputes with China and Mexico, and that a Mexico tariff repeal would help.
Market access rather than demand is the constraint, so resolving trade disputes could lift milk prices and dairy feed demand.
leadertelegram.comLee Mielke5 nov 2018Tras 18 eventos neutral de comercio pasados, Leche (Clase III) se movió una mediana de -0,4 % en 5 sesiones (39% al alza; mitad central entre -2,9 % y +1,1 %), y -3,0 % 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.
