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U.S. cheese exports are up 14.1 percent year to date and at record highs, while butter and AMF exports are at 10-year highs. The article attributes the gains largely to U.S. products being priced competitively against European and Oceania supply.
Strong export demand supports U.S. cheese and butter prices and helps absorb domestic surplus, which partly offsets the oversupply.
After 41 past bullish trade events, Milk (Class III) moved a median -0.1% over 5 sessions (49% higher; middle half -1.3% to +8.1%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.