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U.S. dairy processors are exporting fewer cheese and butterfat products as domestic premiums have disappeared relative to Europe and New Zealand. Cheese exports for January-August 2016 were 186,629 MT, down 17% year on year, and butterfat exports fell to 14,905 MT.
Milk powder exports are holding up better on demand from Mexico and Asia.
A global price equilibrium is cutting U.S. cheese and butterfat export volumes, leaving more product domestically and weighing on U.S. dairy prices. Buyers face a buyer's market for dairy ingredients.
dairyfoods.comDaniel Zelazik23 nov 2016Tras 49 eventos bajista de comercio pasados, Leche (Clase III) se movió una mediana de -0,3 % en 5 sesiones (39% al alza; mitad central entre -4,7 % y +1,5 %), y -0,4 % 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.
