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China exempted 16 US products from its additional tariffs, lowering duties to the rate applied to other countries. Whey permeate intended for feed was on the list, but whey powder was not.
China is the largest buyer of US whey permeate.
Removing the extra duty on feed whey permeate restores US export competitiveness in China and supports whey and dairy-byproduct demand. The effect is limited because whey powder was excluded.
centerfordairyexcellence.orgSep 12, 2019After 41 past bullish trade events, Milk (Class III) moved a median -0.1% over 5 sessions (49% higher; middle half -1.3% to +8.1%), and +1.1% 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.
