# Milk powder is showing “bears” the door

> INTL FCStone's Dave Kurzawski writes that dairy farmers face tight labor, rising costs and trade battles, and that EU intervention stocks have fallen while global powder prices recover. He notes Class IV milk trading well above Class III for months, a flip of the historical pricing relationship.

- Date: 2019-03-07 · published 2019-03-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/60255-milk-powder-is-showing-bears-the-door
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Stronger powder prices and falling EU stocks support dairy prices and the Class III/IV spread, a signal that the market may be near the bottom of its cycle.

## Read by commodity

- MILK: bullish ▲

## Sources

- hoards.com: https://hoards.com/article-25060-milk-powder-is-showing-bears-the-door.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.