Loading…
The National Milk Producers Federation criticized Canada's Class 7 pricing scheme, which favors domestic milk ingredients and restricts U.S. ultrafiltered milk exports. NMPF says Canadian milk powder is being offered on world markets at fire-sale prices.
U.S. officials and lawmakers, including President Trump, have publicly condemned the policy.
Subsidized Canadian dairy protein exports pressure global milk powder prices and cut U.S. dairy export access, weighing on U.S. dairy prices.
nmpf.orgJun 1, 2017After 49 past bearish trade events, Milk (Class III) moved a median -0.3% over 5 sessions (39% higher; middle half -4.7% to +1.5%), and -0.4% 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.
