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An ag marketer says cheese prices have stalled in a sideways range near $1.80, keeping Class III milk from passing $18. Buyer resistance, lower European prices and soft whey are weighing on the market.
Stalled cheese and whey prices cap dairy-based feed ingredient values, and cheaper European dairy pressures the global price complex.
brownfieldagnews.comNicole HeslipJul 31, 2019Not 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.
