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A dairy market update reports on the World Dairy Summit in the United States, where sustainability targets for 2030 carbon neutrality were discussed. Speakers highlighted difficulties in measuring and valuing emissions reductions, and New Zealand's cap-and-trade scheme was noted as hard to implement.
Sustainability requirements may change where and how milk is produced over time, but the article describes no immediate change in feed demand or prices.
mctdairies.comOct 27, 2023Not enough comparable past events yet for a historical read.
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.
