Loading…
Irish co-operatives report EU October milk deliveries rose 8.3% year on year and EU milk prices are firming into November and December. Global Dairy Trade prices rose 4.3% on average, with whole milk powder up 5%, while the EU released 53,000 tonnes of butter from private storage aid.
Stronger EU milk prices and GDT gains lift the global dairy price floor, though Brexit trade delays are a downside risk for EU dairy exporters.
irishexaminer.comStephen CadoganDec 4, 2020Not 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.
