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Northwest European dairy quotations are mostly lower this week as holidays in Germany, Poland and Italy thinned trading. Milk supply is higher than expected after the traditional spring peak, and the Dutch spot milk DCA quotation is steady at €37.50 per 100 kilos.
Factories are handling the supply well.
Higher-than-expected milk supply and weak holiday demand push European dairy quotations lower. Steady Dutch spot milk prices indicate the pressure is limited for now.
Not 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.