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August 2021 U.S. retail dairy sales rose above both August 2020 and August 2019 levels, the first increase in visits and purchases at grocery stores since March. Sales of fluid milk and natural cheese remained down year over year, while the broader dairy category was mixed.
Stronger at-home dairy demand supports domestic milk use and cheese balances, modestly underpinning Class III and IV milk prices. The effect on feed demand is limited.
agproud.comDave NatzkeSep 22, 2021Not 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.
